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Both domestic and import line pipe prices sank in August, Kallanish learns from analyst and data collector Pipe Logix.
More information 2019-09-06Russia is collaborating with the OPEC in fixing oil production quota with a view to controlling the prices.
More information 2019-09-02US flat product steelmakers are bucking the seasonal price trend, by pressing for a rise in local values, despite the summer lull in activity. Domestic suppliers, in an attempt to stave off the threat of further losses, introduced a series of list price hikes, during the July/August period. Local mills had little option but to implement such measures, as they aimed to recoup rising input costs.
More information 2019-09-02The US Environmental Protection Agency proposed removing oil and gas transmission and storage operations from regulations under federal New Source Performance Standards.
More information 2019-09-02Chinese rebar futures gained on Thursday while hot rolled coil was steady. Production cutbacks are continuing to draw down inventories, but with only a modest impact on steel prices, Kallanish notes.
More information 2019-08-23LVD Company nv has announced it has acquired Compac S.r.l. of Urbino, Italy, a provider of industrial automation. LVD has partnered with Compac since 2016 to produce automatic warehouse systems for numerous LVD laser cutting equipment installations in Italy. The acquisition expands LVD’s portfolio of automation systems for flat sheet and tube laser cutting machinery.
More information 2019-08-23US oil country tubular good prices failed to budge last week as the market remains stuck with inventory overhang, Kallanish understands.
More information 2019-08-23The US oil country tubular goods (OCTG) market remains in a low holding pattern, and that trend may take months to ultimately correct, Kallanish hears from market sources.
More information 2019-08-16Due to tight budgets, welders sometimes have to construct their own Weld Purging Equipment, often made from materials such as paper, card, sponge or foam. Homemade dams made from such materials can often lead to loss of welds when they leak or slip from position thus flooding the welding zone with oxygen.
More information 2019-08-16With its Printdur® metal powder portfolio, Deutsche Edelstahlwerke (DEW) manufactures complex components using 3D printing.
More information 2019-08-15