06
Dec
17:22
US mills launch energy tube price hikes
US mills are pushing for higher oil country tubular goods pricing, but it remains to be seen whether any of the announced increases will stick in a weak overall environment, Kallanish learns from market sources.
US Steel began the week with a $60/short ton increase, followed short by TMK Ipsco’s announcement of $50/st. TMK Ipsco is now a business division of Tenaris.
“So, the outlook is north,” says one Gulf Coast buyer. “There’s…
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Anonymous
Very good overview of the weekly steel market.
Anonymous