12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
Trading was non-existent this week, or rather reports were non-existent with week. Sources did suggest that prices continue to be very strong with EU indicated in the €1,40 + range. Buyers looking for US spot material would likely have to pay $1.50 or higher and sellers have reported a steady stream of interest from casing companies.
Table 1.
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