20
Sep
19:34
Zekelman IPO cancellation signals stumble, not fall
North American tube producer Zekelman Industries' decision to pull its initial public offering is not necessarily a sign of weakness in the sector at large, Kallanish hears from market sources.
Though energy tubular prices have fallen since mid-summer, that is part of a larger trend of price erosion from a relatively high level, market sources clarify.
Representative product P110 domestic welded casing is now at $1,550-1,600/st, having cleared the $1,850/…
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Anonymous
Very good overview of the weekly steel market.
Anonymous