05
May
20:45
OCTG inventory remains frustratingly low for buyers
The US oil country tubular goods market is experiencing supply shortages and premium asking prices, as monitored by Kallanish.
Kallanish left its representative P110 price unchanged on-week Thursday at $3,000-3,200/short ton, ex-works, domestic mill, plain-end.
OCTG supply constraints do not appear to be easing any time soon.
"There is just not very much product available from inventory. Can’t get a late Q3 or Q4 price from anyon…
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Anonymous
Very good overview of the weekly steel market.
Anonymous