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09 Aug
20:41

Line pipe prices decrease for second consecutive month

Average line pipe prices decreased in July by 1.5% to $3,676/short ton from $3,732/st in June, Kallanish learns from the latest Pipe Logix report. Pipe prices for domestic line decreased 1.4%, while import prices decreased 1.7%. This is the second consecutive month for decreases. June’s line pipe shipment volumes totalled more than 115,000 st more than shipments in July. “Four of the seven measures of sentiment are now neutral or bearish,” Pip…
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