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22 May
18:13

Weak oil continues to hamper US tube pricing

US energy tube pricing remains mired by low overall transaction volumes, Kallanish hears from market sources.  Kallanish maintained its representative P110 domestic welded casing price Friday at $1,000-1,050/short ton. All prices are ex-works, green tube, domestic mill.  A Gulf Coast trader says pinning down a price for specific products is difficult due to the general lack of buying as a result of the twin hammers of historically low oil prices and Cov…
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