01
May
01:00
Welspun sees strong US pipe demand despite oil slump, competition in Saudi
US oil production, “at its highest” despite the recent drop in energy prices that has prompted several exploration companies to cut their capital budgets, will continue to drive demand for pipelines, according to Indian pipemaker Welspun Corp.
There are also ongoing discussions in the US over the replacement of ageing pipelines, while Canada and Mexico hold huge potential for pipelines in the medium-term, Welspun says in a report seen by Kallanis…
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Anonymous
Very good overview of the weekly steel market.
Anonymous