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04 Jun
17:09

US line pipe prices continue to fall

US line pipe prices continued to deteriorate in May, Kallanish learns from analyst Pipe Logix.  Average line pipe prices fell by -2.3% to $1,400/short ton. Domestic line pipe fell by -2.4% to $1,527/st while import prices fell by -2.1% to $1,264/st.  Average line pipe prices are down about -20% on-year, Pipe Logix notes. “Distributor’s sentiment remains low with the NASPD (National Association of Steel Pipe Distributors) Index at 27, which …
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