18
Jul
20:51
US OCTG pricing remains flat for third week
Pricing for OCTG in the US remains unchanged for the third consecutive week. Sources tell Kallanish that they attribute the steady prices to the balance of supply and demand.
Spot prices for domestically produced welded P110 5.5-inch casing are still in a range $1,600-1,750/short ton.
A Texas-based distributor is no longer lamenting the lack of demand, commenting instead on the price holding at current levels throughout July.
“Supply…
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Anonymous
Very good overview of the weekly steel market.
Anonymous