16
Dec
19:42
Oil strength pushes up US tubulars pricing
US energy tubulars pricing appears to be rising rapidly as both US and Canadian drill rates increase, though the trend is far from stable, Kallanish learns from market sources.
Kallanish upped its price on P110 welded domestic oil country tubular goods (OCTG) to $900-950/short ton.
One buy-side source suggests that more specialised grades are selling north of the $1,000/st mark.
“We are seeing much stronger numbers for the first quarter,” he sa…
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Anonymous
Very good overview of the weekly steel market.
Anonymous