15
Jan
14:24
Skyrocketing skelp sends US OCTG prices up
Surging skelp pricing is making US oil country tubular goods (OCTG) pricing difficult to pin down, Kallanish hears from market sources.
With hot-rolled now north of $1,100/short ton, knock-on OCTG pricing is moving so quickly it’s tough to accurately estimate, says one Gulf Coast trader.
This is in stark contrast to the 2020 situation that produced the same result - transaction volumes were so low that the effective price was almost purely hypot…
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Anonymous
Very good overview of the weekly steel market.
Anonymous