20
Mar
14:48
US energy tube prices continue to fall
US energy tube pricing has begun to slide in response to oil woes and Covid-19 shutdowns, Kallanish hears from market sources.
Kallanish lowered its representative P110 domestic welded casing price to $1,000-1,050/short ton on Friday. All prices are ex-works, domestic mill.
That’s likely just the beginning of price cuts as the twin hammers of low oil prices and pandemic demand drops hit the market, says a Gulf Coast trader.
“There a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous