15
May
21:07
Weak US demand still hampers energy tube recovery
The possible bottoming of crude oil prices is good news for US oilfield tubular producers, but a historically weak rig count means a long, slow recovery ahead, Kallanish hears from market sources.
Kallanish held its representative P110 domestic welded casing price Friday at $1,000-1,050/short ton. All prices are ex-works, green tube, domestic mill.
The very thin demand draw from the US oilfield is pressuring all varieties of energy pipe, from OCTG to …
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Anonymous
Very good overview of the weekly steel market.
Anonymous