21
Feb
15:41
US energy tubes draw strength from falling inventories
US oil country tubular producers have not yet realised pricing gains from advances in skelp, though dropping inventories may soon lead to a new pricing push, Kallanish hears from market sources.
Kallanish held its representative P110 domestic welded casing price on Friday at $1,100-1,150/short ton. All prices are ex-works, domestic mill.
“A few spots of thinness are beginning to appear [in inventories, by product],”says a Gulf Coast buyer.…
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Anonymous
Very good overview of the weekly steel market.
Anonymous