09
Jul
19:39
Skelp undergirds still-strong OCTG price in US
US oilcountry tubular good (OCTG) prices remained stable - but heavily elevated - in the week ended 9 July.
Still-soaring skelp prices are keeping OCTG prices high, but a relatively weak demand picture is limiting their upside, market sources say.
Kallanish held its representative P110 domestic welded casing price Friday at $2,300-2,400/short ton, ex-works, domestic mill, plain-end.
A Gulf Coast source recently tells Kallanish that skelp remains the main m…
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Anonymous
Very good overview of the weekly steel market.
Anonymous