by Site Administrator | May 6, 2022 | Industry Insights
Drilled But Uncompleted Wells (DUCs) in the lower 48 states have declined 40% year over-year (‘YoY’).The Permian and Eagle Ford regions have seen the largest declines YoY at 57% and 41%, respectively.Only the Haynesville region is up, increasing 6% YoY. About Trident...
by Site Administrator | Apr 8, 2022 | Industry Insights, Insights
The above represent raw material input costs that directly impact our cost of goods.HRC pricing has increased 14% in the past year and 7% YTD.Iron Ore pricing continues to rebound, rising 34% YTD.The Scrap Index has remained relatively stable for the past several...
by Site Administrator | Apr 1, 2022 | Industry Insights, Insights
About Trident Steel Trident Steel is a leading supplier of oil country tubular goods, line pipe and poly pipe throughout the United States. We represent only the finest API-licensed domestic and international pipe mills and offer a wide range of services to meet...
by Site Administrator | Apr 1, 2022 | Industry Insights, Insights
Brent and WTI prices have rallied in recent weeks. WTI is just above $87/barrel, while Brent is hovering around $89/barrel.The U.S. Rig Count increased to 610 as of Jan. 28, 2022, from an historic low of 244 on August 14, 2020. This, however, is still below the 796...
by Site Administrator | Jan 24, 2022 | Industry Insights, Insights
Drilled But Uncompleted Wells (DUCs) in the lower 48 states have declined 37% year- over-year (‘YoY’).The Permian and Bakken regions have seen the largest declines YoY at 59% and 40%, respectively.The Anadarko and Haynesville regions, however, are both up 16% YoY....
by Site Administrator | Jan 13, 2022 | Industry Insights, Insights
The above represent raw material input costs that directly impact our cost of goods.HRC pricing has increased 25% in the past year but is down 26% from August.Iron Ore pricing has rebounded from November but is still down approx. 40% since June.Scrap prices (Scrap...
