05
Jan
19:18
US OCTG prices finally advance
US oil country tubular goods prices seem to be busting out of their year-end rut, Kallanish hears from market sources.
The previous holding level of $1,200-1,250/short ton for representative P110 domestic welded casing is still present in some locations, but they are disappearing fast, says one Gulf Coast buyer. Kallanish raised its assessment Friday to $1,250-1,300/st.
The tubular increase seems to be tied to more confidence in exploration and production pro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous