21
Dec
20:52
US OCTG optimism increases
US oil country tubular goods pricing is still hovering around the $1,200-1,250/short ton price point, but early indications are that improvement is coming soon, Kallanish learns from market sources.
A Gulf Coast buyer points to increased buying activity and soon-to-be finalised first-quarter drilling programs as cause for optimism.
“Tons are being placed, pricing is trying to go up, and odds are that they will shortly after the New Year holiday,” …
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Anonymous
Very good overview of the weekly steel market.
Anonymous