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31 Jul
18:27

US energy tube market remains stagnant

The US energy tube market remains depressed, and market sources are having a hard time identifying any bright spots, Kallanish reports.  Kallanish held its P110 domestic welded casing price Friday at $1,000-1,050/short ton, where it has been effectively frozen by low liquidity for several weeks. All prices are ex-works, domestic mill, green tube.  Line pipe pricing has been on a steady decline since last year, even before the twin hammers of Covid-19 an…
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