26
Oct
21:51
US OCTG mills position for November increases
While US oil country tubular goods prices have not yet budged, all signs point upward, Kallanish hears from market sources.
“The market is firming quickly,” says one Gulf Coast buyer. “In another 10 days, the first quarter will be pretty full. Then comes pricing power.”
The source adds that the United Steelworkers’ recently concluded deal with US Steel will lend some additional urgency to their energy tubular prices.
“It…
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Anonymous
Very good overview of the weekly steel market.
Anonymous