06
Nov
21:34
US standard pipe prices remain unmoved
Recent weakness in hot-rolled has not yet filtered through to A53 standard pipe, Kallanish hears from market sources.
One mill source says last week’s range of $720-740/short ton, ex-works, is still holding this week. Demand is also essentially unchanged, he says.
In the same time period, hot-rolled coil - the raw material for pipe production - moved from $390-410/st to $380-400/st. Market sources attributed the drop to continued inventory and import pr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous