Extension of the consultation period for amendment to US tubular price publication schedule

After assessing market feedback, Fastmarkets is extending the consultation period for its proposal to change the publishing date for its US energy and non-energy tubular prices from the second Tuesday of the month and the final Tuesday of the month, respectively, to the second Wednesday of the month.

The extended consultation period for this proposed amendment starts from October 12 and will now end on December 11. The amendment will then take place, subject to market feedback, on December 13.

The current methodology for Fastmarkets’ US energy and non-energy pipe prices can be found here.

The affected prices are as follows:

MB-STE-0851 Steel hollow sections ASTM 500 Grade B import, ddp US port of entry, $/short ton
MB-STE-0090 Steel welded mechanical tubing ASTM A513, fob mill US, $/short ton
MB-STE-0022 Steel ERW standard pipe A53 Grade A, fob mill US, $/short ton
MB-STE-0056 Steel ERW standard pipe A53 Grade A import, cif Houston, $/short ton
MB-STE-0023 Steel ERW standard pipe A53 Grade B, fob mill US, $/short ton
MB-STE-0057 Steel ERW standard pipe A53 Grade B import, cif Houston, $/short ton
MB-STE-0545 Steel ERW line pipe (X52), fob mill US, $/short ton
MB-STE-0871 Steel ERW line pipe (X52) import South Korean-made, cif Houston, $/short ton
MB-STE-0872 Steel ERW line pipe (X52) import non-South Korean-made, cif Houston, $/short ton
MB-STE-0561 Steel ERW line pipe (X65), fob mill US, $/short ton
MB-STE-0873 Steel ERW line pipe (X70), fob mill US, $/short ton
MB-STE-0063 Steel OCTG API 5CT – Casing J55, fob mill US, $/short ton
MB-STE-0869 Steel OCTG API 5CT – Casing J55 import South Korean-made, cif Houston, $/short ton
MB-STE-0870 Steel OCTG API 5CT – Casing J55 import non-South Korean-made, cif Houston, $/short ton
MB-STE-0564 Steel welded OCTG APT 5CT – Casing P110, fob mill US, $/short ton 
MB-STE-0565 Steel welded OCTG API 5CT – Casing P110, import, cif Houston, $/short ton
MB-STE-0071 Steel seamless OCTG API 5CT – Casing P110, fob mill US, $/short ton
MB-STE-0062 Steel seamless OCTG API 5CT – Casing P110, import, cif Houston, $/short ton
MB-STE-0059 Steel seamless line pipe – API 5L import, cif Houston, $/short ton

These prices are a part of the Fastmarkets Steel Physical Prices package.

To provide feedback on these prices or if you would like to provide price information by becoming a data submitter to these prices, please contact Dan Hilliard by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Daniel Hilliard re: US pipe prices.”

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request

To see all of Fastmarkets’ pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.

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