31
Mar
21:42
OCTG market waits for Korea ruling
US oil country tubular goods (OCTG) players are anxiously awaiting a decision from the US Department of Commerce on Korean imports while prices remain in a holding pattern, Kallanish reports.
Pricing for P110 domestic welded casing is still $1,700-1,750/short ton, where it has held steady for the past two weeks.
A buy-side source suggests that a positive trade case ruling will trigger an increase on the eve of third-quarter program buying.
“This coul…
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Anonymous
Very good overview of the weekly steel market.
Anonymous