10
Mar
16:23
US OCTG prices find buyer support
The outstanding $250/short ton hike on US oil country tubular goods (OCTG) has a decent chance of sticking, though gun-shy buyers are still wary of demand levels, Kallanish reports.
One buyer in the southern US says he’s happy to cooperate with mills on higher near-term prices, but he won’t risk locking in deliveries slated for the second half of the year.
“Everyone, including importers, has increased their prices substantially. A lot of mat…
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Anonymous
Very good overview of the weekly steel market.
Anonymous