29
Apr
21:43
US OCTG inventories still hamper price increases
The domestic oil country tubular good market remains in a quagmire as the North American rig count continues to slip, Kallanish understands.
Pricing for domestic welded P110 OCTG casing continue to hover around $900-950/short ton. Some market sources have said that deals below the $900/st figure are available from exploration and production companies selling off excess inventory. Customers hunting for prime mill rollings, however, may see higher prices due to a …
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Anonymous
Very good overview of the weekly steel market.
Anonymous