22
Jan
18:15
US OCTG pricing, demand continues to suffer
Oil country tubular good prices and demand in the US market continue to trend down due to a weak global hydrocarbons market, both buy-side and sell-side sources tell Kallanish.
“I think pricing is down a little as inventory is still too high and everyone is looking to sell product they have on the ground,” says a source at one top-tier mill.
Kallanish lowered its OCTG P110 domestic ex-works price range assessment on Friday from $950-1,050/sho…
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Anonymous
Very good overview of the weekly steel market.
Anonymous