12
Mar
19:56
Skelp still supports elevated US OCTG prices
US oil country tubular goods prices show no signs of dropping while skelp prices remain elevated, Kallanish reports.
Kallanish maintained its representative P110 domestic welded casing price Friday at $1,650-1,700/short ton. All prices are plain-end, ex-works.
Market sources have told Kallanish for the past several weeks that the historically high skelp price is propping up all manner of downstream products - including energy tube.
While not ex…
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Anonymous
Very good overview of the weekly steel market.
Anonymous