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16 Oct
15:09

US energy tube prices hover in uncertain market

US energy tube pricing remained unchanged on-week as market uncertainty continues, Kallanish reports.  Kallanish held its P110 domestic welded casing price on Friday at $1,100-1,150/short ton. All prices are ex-works, green tube, domestic mill.  A Gulf Coast buyer confirmed that no movement had taken place on-week.  A second Gulf Coast buyer says the industry as a whole is facing an inflection point due to a historically low rig count and ominous …
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