15
Sep
19:58
US OCTG market faces turbulence, prices inch up
OCTG P110 5.5-inch prices have inched up to $4,110-4,310/short ton from $4,100-4,300/st, ex-works, domestic mill, reports Kallanish.
Multiple market forces are driving the increase.
“The United Steelworkers at the US Steel company are still working without a labour agreement, and both sides are saying they are miles apart. Most of the mills are late on deliveries, so they may only have a 30-45 day Q1 2023. That will keep things tight for an…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous