13
Sep
14:43
Ocean freight limits US imports: Preston
High ocean freight rates are preventing imports from taking advantage of the large disparity between US and global prices in the welded tubular arena, Kallanish learns from Preston Pipe’s weekly report.
“We are certainly living some interesting times,” Preston writes, noting that US hot-rolled coil prices are more than double the global average - $850/short ton vs about $1,930/st. Hot-rolled skelp has a direct bearing on the price of welded…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous