27
Mar
14:11
US energy tube market continues to weaken
Plummeting energy tube demand continues to weigh on oil country tubular good prices, Kallanish hears from market sources.
Kallanish held its representative P110 domestic welded casing price Friday at $1,000-1,050/short ton, ex-works. However, the average market price for non-new production buyers is likely to be lower due to inventory selling.
One Gulf Coast trader says the market is “...still in shock.”
“Mill layoffs are…
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Anonymous
Very good overview of the weekly steel market.
Anonymous