(by Rye Druzin, www.pipe-logix.com) The US line pipe market was mostly paused in January as distributors reported some large projects are being bid out. The Argus line pipe index rose by $2/short ton (st) to $2,504/st for January. The import line pipe index increased by $4/st to $2,215/ st, with increases reported across most welded pipe and larger diameter seamless while smaller seamless declined. The domestic line pipe index inched up by $1/st to $2,793/st, with most welded pipe products higher and seamless lower. The NASPD distributor’s sentiment index slipped by two points to a more neutral reading of 55. The price outlook fell by three points to a still positive reading of 66, with about a third of distributors expecting pricing to rise over the next two months. The US benchmark oil price rose by 4.1pc from the prior month to $60.26/bl in January. Natural gas was $4.27/mn-Btu, down slightly up from $4.39/mnBtu a month earlier. Active US drilling rigs totaled 546 for the week ending 30 January, according to oil service company Baker Hughes, flat from 30 December.
Argus Pipe Logix Line Pipe Report – February 2026
Pipe Exchange
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