(by Kurt Minnich, www.pipe-logix.com) Line pipe prices decreased 2.3% in May with domestic prices down 2.4% and import prices down 2.1%. The Pipe Logix Index was $1,400/ton in May, down 20% from a year ago. Distributor’s sentiment remains low with the NASPD Index at 27, which indicates the market is in a deep contraction. New Orders and the Price Outlook are at the record lows last witnessed in 2015.
Pipe Logix Line Pipe Report – May 2020
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