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06 Jun
19:56

US line pipe prices rise in May

US line pipe prices posted their seventh consecutive month of increases in May, according to analytics company Pipe Logix. Domestic line pipe prices rose 2.8% to $1,773/short ton, while import prices rose 3.5% to $1,224/st, Kallanish finds. The cumulative seven-month increase across both categories is 32%. “Reported supply of line pipe has trended higher over the past six months but the trailing 12-month average is -22% lower compared to average the …
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