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21 Jul
19:32

US OCTG prices increase, supply scarce

The price of OCTG pipe in the US has increased to $3,600-3,900/short ton from $3,500-3,800/st last week, Kallanish learns. All prices are ex-works domestic mill and the representative product is P110 domestic casing, 5.5-inch diameter. In the week of 21 July, 2021, OCTG representative pipe was $2,300-2,400/st. At the time, Kallanish spoke with a Gulf-Coast buyer who said, “I see continuing tight supply, upward pricing pressure, and therefore some H2 scrambl…
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