28
Feb
19:06
US oil country tubular prices fall
US energy tube pricing appears to have slipped on-week, Kallanish hears from market sources.
Kallanish lowered its representative P110 domestic welded casing price Friday to $1,050-1,100/short ton. All prices are ex-works, domestic mill.
One Gulf Coast trader says that domestic oil and gas majors plan to cut capital expenditures by a further -15% in 2020 after cuts of almost -50% in 2019.
“Pricing softened this week with continuing concer…
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Anonymous
Very good overview of the weekly steel market.
Anonymous