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28 Aug
14:12

US energy tube gains on skelp pricing

The US oil country tubular goods market appears to be showing some limited signs of life after a months-long plateau induced by Covid-19 and the early-year oil price war, Kallanish hears from market sources.  Kallanish raised its representative P110 domestic welded casing price on Friday to $1,050-1,100/short ton, ex-works, domestic mill, green tube.  Prices had been stagnant since March due to a lack of liquidity in the overall market.  While the…
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