27
Aug
14:24
Low supply, high skelp keep US OCTG elevated
US energy tube pricing continues to rise on the back of extraordinary skelp prices and limited supply, Kallanish learns from market sources.
Kallanish raised its representative oilcountry tubular goods price Friday to $2,200-2,400/short ton. All prices are ex-works, domestic mill, plain-end.
Despite a free-fall in the oil and gas market early last year, skelp has buoyed tubular prices back to near-record levels. Hot-rolled in the US is currently hover…
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Anonymous
Very good overview of the weekly steel market.
Anonymous