06
Sep
18:56
US OCTG prices hold, buyers question staying power
US oil country tubular goods pricing remains locked, though a quiet inventory build-up may soon push prices downward, Kallanish hears from market sources.
Kallanish maintained its representative P110 domestic welded casing price on Friday at $1,175-1,200/short ton. All prices are ex-works, domestic mill.
Oilfield demand is lacklustre, as both the US and Canadian rig counts continue to fall. The most recent rig count saw both US and Canada lose net rigs, and b…
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Anonymous
Very good overview of the weekly steel market.
Anonymous