25
Jun
15:07
Skelp drives welded energy tube above seamless
Unusually high skelp pricing has pushed welded energy tube above seamless, Kallanish learns from market sources.
Kallanish currently puts representative product P110 domestic welded casing at $2,300-2,400/short ton. Hot-rolled is currently sitting at $1,650-1,700/st. All prices are ex-works, domestic mill.
“Seamless mills are generally integrated. And, billets don’t compete with hot-rolled coil. So, seamless pipe costs less to produce righ…
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Anonymous
Very good overview of the weekly steel market.
Anonymous