US Steel CEO Mario Longhi isn't seeing much upside for steel demand from the US oil & gas sector in 2016 as inventory remains high and demand continues to decline. ―At this time we do not see any catalysts-other than increasing oil prices-that would drive a significant improvement in tubular demand and pricing with impacts to both our tubular and flat-rolled segments," Longhi said, speaking on the company's fourth quarter results conference call Wednesday.
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