27
Nov
17:58
Tough year ahead for energy tube, sources say
Next year will likely be challenging for steel players in the energy sector, market sources tell Kallanish.
Oil country tubular goods prices will be largely dependent on skelp absent some rise in demand, buy-side sources say. That is a continuation of the pattern that has essentially mired prices for representative product P110 domestic welded casing at $1,050-1,100/short ton.
The factors weighing on down-hole tubulars should also carry over to line pipe…
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Anonymous
Very good overview of the weekly steel market.
Anonymous