19
Feb
20:46
Sagging OCTG prices could put companies in peril
Oil country tubular goods prices remain moribund as the US and Canadian rig counts continue to shrink, and market sources predict that at least some tubular producers will not survive 2016.
Kallanish tightened its P110 domestic casing range Friday from $925-1,025/short ton to $920-975/st based on a market survey. One distribution source says significant amounts of material continue to be sold from exploration and production company inventories below $900/st, put…
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Anonymous
Very good overview of the weekly steel market.
Anonymous