16
Sep
18:14
US energy pipe prices hold on, tenuously
A slight spurt in both oil country tubular goods (OCTG) and line pipe demand is keeping prices stable, but both products remain depressed, Kallanish hears from market sources.
“There’s been some near-term movement in large outside-diameter carbon and light wall heat-treated [... OCTG],” says one trader. “That’s typical in a cycle like this, as mills are just now ramping up. It won’t last long, as all supply arrives at the time…
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Anonymous
Very good overview of the weekly steel market.
Anonymous