24
Feb
20:41
Additional supply threats could tighten US tubulars market
The US energy tubulars market may face additional supply challenges and potentially higher prices as the Russia-Ukraine situation threatens the global supply chain. The market has already been squeezed this past year by Covid-19-related challenges and high skelp pricing, resulting in tight supplies and elevated tubulars pricing.
The US imports notable tonnages of OCTG from both Ukraine and Russia (see chart below). One trader tells Kallanish that there are current…
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Anonymous
Very good overview of the weekly steel market.
Anonymous