08
Aug
21:51
US OCTG market continues quiet slog
OCTG pricing in the US is flat this week as market participants confirm to Kallanish that slow demand continues, with few spot transactions.
Domestically produced welded P110 5.5-inch casing is transacting within the range of $1,600-1,700/short ton for the third consecutive week.
Sources say the market is completely still for casing. They observe that some mills are operating below their capacity.
“Nothing is happening. Some mills are already o…
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Anonymous
Very good overview of the weekly steel market.
Anonymous