09
Jun
20:51
US OCTG price moves up again
Last week, the price of representative P110 5.5-inch pipe dipped from its holding point of $3,200-3,400/short ton to $3,100-3,300/st. Relief on the side of buyers was short-lived, however, because this week multiple sources confirm price increases, Kallanish learns.
“Just no supply - we have been quoted $3,300-3,600/st plain-end this week. We are already booking Q1, and some of our customers are locking in all of next year if they can,” says one buy-s…
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