18
Dec
16:38
Skelp cost forces US OCTG pricing up
US oilcountry tubular goods pricing is riding the recent wave of sheet increases northward, Kallanish hears from market sources.
Kallanish puts representative oilfield product P110 domestic welded casing at $1,400-1,450/short ton, ex-works, plain-end.
“It’s north of $1,400/st in Houston,” notes one Gulf Coast trader. “Here we go.”
He adds that, while the current price increase is largely due to skelp costs, a more sustai…
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Anonymous
Very good overview of the weekly steel market.
Anonymous