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Kallanish Kallanish

Knowledge matters Knowledge matters

May, 12th 2021

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JAN 07

US line pipe prices fall again in December


US line pipe prices dropped again in December, Kallanish learns from analyst Pipe Logix. 

Average US line pipe prices fell by -0.4% to $1,546/short ton from November to December - down 23% since prices first began to slip 17 months ago, Pipe Logix notes. 

Domestic prices fell -0.1% on-month to $1,717/st, while import prices fell -0.7% to $1,375/st. 

“Sentiment has improved but continues to indicate a slightly negative market environment,” Pipe Logix says. “Reported shipment volumes have trended lower since July and are dramatically lower compared to a year ago even though the cumulative trailing twelve month total is 6% higher than the prior period. The rig count continues to soften, down -25% from the peak a year ago."

Dan Hilliard USA