19
Mar
17:30
OCTG pricing rises, lags hot-rolled
US oil country tubular goods (OCTG) pricing continues to climb, goaded on by a variety of factors, Kallanish hears from market sources.
Kallanish raised its representative P110 welded casing price Friday to $1,700-1,750/short ton, ex-works, plain-end, domestic mill. Skelp pricing - which is now at $1,300/st - is the main driver right now for OCTG, but a host of other factors are compounding the situation, says one Gulf Coast trader.
Moreover, OCTG pri…
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Anonymous
Very good overview of the weekly steel market.
Anonymous