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23 Jun

Standard pipe prices remain stable in erratic market

In the US, A53, Grade B pipe held in a relatively wide range for another week, Kallanish learns. Market demand remains high, with no sign of added supply as late. A53B pipe is holding at $2,500-3,200/short ton, ex-works, domestic mill. At the Kallanish International Scrap Steel conference, participants emphasized overall costs and conditions for the global steel market are volatile. The impact of Covid-19, the Russian-Ukraine war, shipping expenses, fuel costs,…
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