Import offers to the US for API X-42 electric resistance welded (ERW) line pipe from Vietnam have dropped by approximately $60/mt in the past week and are now being offered at approximately $700-$740/mt, CFR FO in US Gulf coast ports.
Meanwhile, import offers to the US for API X-42 electric resistance welded (ERW) like pipe from Taiwan have also plunged by approximately $70/mt in the past seven days and are now being offered at approximately $700-$740/mt, CFR FO in US Gulf coast ports.