24
Mar
14:16
Skelp pushes US line pipe pricing further up
The five-month run in line pipe prices has been driven almost entirely by skelp, Kallanish hears from market sources.
Line pipe prices have increased in each of the past five months, consecutively, according to data analyst Pipe Logix. Average prices now stand at $1,677/short ton.
While the Baker Hughes rig count and other oilfield indicators remain in a positive trend, demand is still not robust enough to support pipe pricing at that level, says one …
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Anonymous
Very good overview of the weekly steel market.
Anonymous