10
Dec
19:45
Solid US OCTG market is expected to continue
Strong end user demand and lower skelp pricing in the US is expected to bring additional OCTG capacity back online, thus improving the supply chain in the coming year, Kallanish reports.
Since peaking in early September, hot rolled coil pricing has been on the decline. As of last week, prices were in the $1,700-1,800/short ton range, ex-works mill.
Energy tubulars pricing, however, remains solid and is expected to remain so through at least the first half of 2022…
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Anonymous
Very good overview of the weekly steel market.
Anonymous