US standard pipe prices, market sentiment mixed

Domestic standard pipe prices were flat in the United States, while some imported standard pipe and mechanical tubing prices fell due to soft market conditions on Tuesday June 9.

“Business is still slow, but the vendors don’t want to lower their price,” one steel producer said. “We can’t make a lot of orders, prices and demand are unchanged [this month].” Fastmarkets' assessments for steel electric-resistance welded (ERW) standard pipe A53 Grade B, fob mill US and steel ERW standard pipe A53 Grade A, fob mill US were both unchanged month on month at $880-930 per ton and $860-910 per ton respectively on...

Published

Elizabeth Ramanand

June 10, 2020

22:55 GMT