04
Nov
21:04
US Steel keeping options open for tubular recovery
US Steel is keeping its tubular facilities in a state of readiness should the energy market rebound next year, Kallanish learns from comment made on a company conference call.
Ceo Mario Longhi says the company hopes tubular shipment volumes will be up next year, particularly if oil prices rise. The currently depressed rig count and increasing efficiency of rigs in general, however, make those volume increases hard to predict, he says.
“I think we h…
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Anonymous
Very good overview of the weekly steel market.
Anonymous