Sources close to SteelOrbis have confirmed that traders are still offering US import API X-52 line pipe from Korea at approximately $85-$90 cwt. ($1,874-$1,984/mt or $1,700-$1,800/nt), DDP loaded truck in US Gulf coast ports, reflecting no change since our last report two weeks ago.
Additionally, SteelOrbis has also confirmed that traders are now offering US import API-X52 line pipe from Mexico at approximately $107-$108 cwt. ($2,359-$2,381/mt or $2,140-$2,160/mt), FOB Texas, against a range of $90.00-$110.00 cwt. ($1,984-$2,425/mt or $1,800-$2,220/nt), FOB Texas, two weeks ago.