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05 Feb
14:25

Dangerous "Super Bowl" market continues for OCTG

The overall direction of the US oil country tubular goods market remains up, despite much of the market being underpinned by historically high skelp prices rather than oil and gas demand, Kallanish reports.  Kallanish held its P110 domestic welded casing price Friday at $1,450-1,500/short ton. All prices are ex-works, domestic mill, plain end.  Hot-rolled is hovering near the $1,200/st point - a record high. This on-going situation is being supported by…
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