05
Feb
21:20
OCTG prices still sag in US
US oil country tubular good prices remain soft as mills search for a comfortable bottom, market sources tell Kallanish.
One Gulf Coast OCTG trader describes prices as a “… falling knife” and difficult to pin down due to a lack of spot-market volume.
Reasonable tonnage and a willingness to buy, he says, could open books at sub-$900/short ton at some mills. He qualifies that, however, by saying that material sold below $900/st would likely be…
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Anonymous
Very good overview of the weekly steel market.
Anonymous