01
Aug
21:43
OCTG pricing in US stabilises on-week
OCTG pricing in the US is flat this week, with market participants telling Kallanish that very few sales have been logged.
Spot prices for domestically produced welded P110 5.5-inch casing remain within a range of $1,600-1,700/short ton, after dropping by $50/st at the high end of the prior range of $1,600-1,750 last week.
A Houston-based distributor is confident that restocking will eventually resume at the service centres but confirms that it did not happ…
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Anonymous
Very good overview of the weekly steel market.
Anonymous