18
Sep
14:10
Supply pressure drives US oil country tubular prices
US oil country tubular goods prices appear to be inching up, though based almost entirely on supply-side factors, Kallanish reports.
Kallanish increased its P110 domestic welded casing price on Friday to $1,100-1,150/short ton. All prices are ex-works, domestic mill, green tube.
The $50/st increase announced this week by at least two mills and one major distributor is a knock-on effect from skelp prices increases announced prior, says one Gulf Coast b…
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Anonymous
Very good overview of the weekly steel market.
Anonymous