28
Jul
20:26
US OCTG prices continue to erode
US oil country tubular goods prices continue to fall, in spite of more concrete news on the 232 investigation.
“There’s downward pressure on both domestic and import,” says one buyer. “I’ve seen transactions this week for domestic welded at $1,450/short ton, with imports about the same.”
News that a decision on the 232 will likely be delayed has done little affect the market, he adds.
“The 232 has little to do with…
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Anonymous
Very good overview of the weekly steel market.
Anonymous