10
May
15:04
US OCTG insulation to persist until third quarter
US oil country tubular goods (OCTG) pricing remains insulated from the larger price erosion environment due to high inventories, but that situation is not helping the market at large, Kallanish hears from market sources.
“It is stale, because there has been little to no movement since the fourth quarter,” says one Gulf Coast tubular trader. “Look at flat-rolled – while it keeps creeping down, there is little hope for a tubular price recov…
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Anonymous
Very good overview of the weekly steel market.
Anonymous