27
Oct
21:03
US OCTG players eye first quarter price recovery
US oil country tubular goods buyers are still looking toward the first quarter for price recovery, Kallanish learns from market sources.
Kallanish held its representative P110 domestic welded casing price Friday at $1,200-1,250/short ton.
“The rig count is trending downward and most people seem pessimistic about the remainder of the fourth quarter,” says one buy-side source. “I think some are hopeful that the first quarter will pick back up …
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Anonymous
Very good overview of the weekly steel market.
Anonymous