06
Oct
19:12
US OCTG players await first quarter turnaround
US oil country tubular goods players are looking ahead to the first quarter for relief from stagnant demand, Kallanish reports.
“Softening will continue through year-end,” says one Gulf Coast buyer. “There’s too much supply and distribution isn’t buying. Then, Q1 is a new game.”
Q1 will signal movement from both the supply and demand sides of the market as mills adjust their production and hydrocarbon producers roll out new…
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Anonymous
Very good overview of the weekly steel market.
Anonymous