20
May
21:28
US OCTG market pricing bounces off bottom
The US energy pipe market is hovering near bottom, giving at least some market sources hope that a turnaround in the near future is inevitable, Kallanish reports.
“This was the first week I had heard some positivity,” says one oil country tubular goods trader. “There have been some increases in tubing prices. The rig count obviously still came down a little, but only by two (net rigs). So, maybe next week could be the beginning of a modest upti…
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Anonymous
Very good overview of the weekly steel market.
Anonymous