“If anybody didn’t think these increases were real before, they definitely do now,” one pipe producer said. “The pace just keeps accelerating.”
Fastmarkets’ price assessment for steel electric-resistance welded (ERW) standard pipe A53 Grade B, fob mill US jumped to $980-1,030 per short ton on Tuesday December 8; that price is up by $70 from $910-960 per ton last month and the assessment’s highest since mid-May 2019, when it stood at $1,040-1,060 per ton.
The assessment for steel ERW standard pipe A53 Grade A, fob mill US increased to $950-1,000 per ton on Tuesday, up by $70 from $880-930 per...
