28
Mar
20:16
OCTG buyers expect price spike due to KORUS
A tentative -30% dip in future oil country tubular goods imports from South Korea should leave domestic mills with a free hand in pricing, should US President Donald Trump finalise a US-South Korea free trade agreement in the near future.
Whether that is good for the market as a whole is up for debate, market sources tell Kallanish.
The renegotiated Korea-US Free Trade Agreement, or KORUS, is expected to include a quota of 70% of 2015-2017 on Korean OCTG impo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous