Energy tubular market stable in August

Aug 27, 2013 | 04:34 PM | Thorsten Schier

Tags  OCTG, J55, X42, OCTG prices, tubular trade case, tubular imports, line pipe, pipe prices Thorsten Schier

NEW YORK — The energy tubular market was largely stable in August, with steady demand and some limited upside seen on pricing. However, sources were split on the market’s near-term direction amid fluctuating raw material prices.

A majority of sources reported some upside from strengthening coil prices and a recently filed trade case, with imported J55 casing prices rising to $860 per ton from $850 and domestic X42 line pipe increasing to $1,050 per ton from $1,020 per ton.....

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