26
May
17:12
US OCTG prices freeze amidst increase rumours
The cost of P110 did not flinch this week, Kallanish learns, but buyers strongly suspect increases are coming in the second half of the year.
Representative product P110 is currently priced at $3,200-$3,400/short ton. All prices are ex-works, domestic mill, plain-end.
“We’re awaiting the books to open for H2. When they do, it will come with new pricing and perhaps some structured allocations. They are measuring demand - whatever they conclude, w…
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Anonymous
Very good overview of the weekly steel market.
Anonymous