23
Sep
21:07
Inventory gaps boost US OCTG prices
Inventory holes for certain oil country tubular good products have slightly improved overall pricing, though the market remains depressed, Kallanish hears from market sources.
One mill source says some products are selling as high as $1,000/short ton, with imports generally about $100/st below that.
A buy-side source contends that the majority of products are around $880/st or slightly below, with the odd high-priced items resulting from repetitive Permian Ba…
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Anonymous
Very good overview of the weekly steel market.
Anonymous