13
Aug
17:05
Tenaris announces huge energy tube price hike
Tenaris has announced a massive price increase for its energy tubular products in the US, which is following the general trend of chasing skelp skyward, Kallanish reports.
Tenaris’ increase of $350/short ton is effective immediately for both oilcountry tubular goods (OCTG) and line pipe - seamless and welded, according to a customer letter.
A Gulf Coast trader says that puts alloy prices at more than $2,000/st and carbon prices at more than $2,1…
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Anonymous
Very good overview of the weekly steel market.
Anonymous