07
Oct
21:39
OCTG prices still languishing, oil gives hope
Slowly increasing activity in the oil sector is keeping US oil country tubular goods prices stable, though a true recovery is not yet in the cards, Kallanish hears from market sources.
P110 domestic casing remains widely available at $860-880/short ton, down slightly from last week. Prices overall, however, seem to be operating in a narrow but relatively static band, says one buy-side source.
“Most weeks are pretty slow,” he says. “But this …
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Anonymous
Very good overview of the weekly steel market.
Anonymous