23
Oct
14:53
US energy tube faces near, long-term challenges
The on-going stagnation in US energy tube pricing and uncertainty surrounding the US presidential election has oilfield players questioning the medium-term future of the industry, Kallanish reports.
Representative oil country tubular good P110 domestic welded casing remains at $1,100-1,150/short ton, green tube, ex-works, domestic mill.
A Gulf Coast buyer notes that OCTG is “...slow this week, but pricing is still trying to lift a little - lots …
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Anonymous
Very good overview of the weekly steel market.
Anonymous