07
Sep
21:07
US OCTG prices fall again
US oil country tubular goods prices continued to sink Friday, Kallanish learns from market sources.
Kallanish lowered its representative P110 domestic welded casing assessment from $1,600-1,700/short ton to $1,550-1,650/st. All prices are ex-works, domestic mill.
The slow bleed from the high near $1,850/st has primarily been caused by overcapacity for the relatively subdued domestic drilling levels, despite some relief from the Trump administration's 232 …
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Anonymous
Very good overview of the weekly steel market.
Anonymous