17
Jun
23:00
US OCTG prices continue to slide
US oil country tubular goods pricing appears to be slipping despite a stabilization of demand, Kallanish hears from market sources.
Pricing for P110 OCTG casing is now hovering around $880-900/short ton, with lower deals still available from exploration and production companies.
One source at a top-tier mill says $900/st is the price “at best,” due to the continued weakness of the US rig count.
The most recent Baker Hughes rig count levelled of…
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Anonymous
Very good overview of the weekly steel market.
Anonymous