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11 Dec
18:52

Weak demand anchors US energy tube prices

US energy tube pricing continues to benefit from high skelp prices, but low demand is creating a ceiling for growth, Kallanish learns from market sources.  Kallanish held its representative P110 domestic welded casing price Friday at $1,250-1,300/short ton, ex-works, plain-end.  Line pipe prices have shaken out of a nearly two-year dormancy over the past two months, but those gains are almost entirely due to rocketing skelp prices, says a Gulf Coast tra…
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