04
Jan
18:18
Line pipe market improves in US
The US line pipe market is nearing a more favourable equilibrium for pricing, Kallanish learns from analyst Pipe Logix.
Average domestic and import line pipe prices rose 3% from November to December. Average domestic line pipe prices at the distributor level are now hovering near $1,430/short ton while import prices are at $946/st.
This is primarily due to a -41% drop in line pipe supply compared to last year with a concurrent uptick in active rig activity, w…
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Anonymous
Very good overview of the weekly steel market.
Anonymous