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14 Aug
17:37

US energy tube market, pricing stays moribund

Activity in the US energy tube sector remains stagnant, with preserving liquidity a key goal for most surviving companies, Kallanish reports.  “I’m seeing a few inventory holes, but pricing is flat and there’s very little demand,” says one Gulf Coast oil county tubular goods trader.  Many players are pinning their hopes for a turnaround on the re-election of President Donald Trump in November, he says. President Trump is running …
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