Despite the fact that little, if anything has changed with regard to both
US domestic an import line pipe pricing in the past week, many within the market say they have all eyes on pending oil country
tubular goods (OCTG) trade case. Rumors about a potential line pipe case are growing louder, according to SteelOrbis sources, and the rhetoric, politics and overall trade case climate seems to be favorable. For now, the most commonly reported
US domestic spot price range remains unchanged, still at approximately $51.00-$52.00 cwt. ($1,124-$1,146/mt or $1,020-$1,040/nt), ex-Midwest mill, with futures offers out of
Taiwan and
Vietnam still trending at approximately trend at approximately $38.50-$39.50 cwt. ($849-$871/mt or $770-$790/nt) DDP loaded truck
US Gulf coast.