06
Mar
14:24
US energy tube prices remain anchored
US oil country tubular good prices remain in a holding pattern despite mill efforts to regain margins, Kallanish hears from market sources.
Early-year price increases have yet to take hold, and many tube producers are operating at nearly cost, says one Gulf Coast trader.
The trader assumes skelp near $600/short ton, with a $250/st conversion cost and an additional $150-200/st for threading and collaring.
Kallanish currently puts representative produc…
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Anonymous
Very good overview of the weekly steel market.
Anonymous