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22 Nov
18:51

US energy tube prices remain stuck

US oil country tubular good pricing remains anchored, partially due to offshore drilling inventory deals, Kallanish learns from market sources. Kallanish held its representative P110 domestic welded casing price Friday at $1,050-1,100/short ton. All prices are ex-works, domestic mill. “Consigned inventories from offshore guys is keeping domestic mills’ pricing courage at bay,” says one Gulf Coast buyer. “Even with lead times moving out…
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