21
Jun
17:00
US OCTG prices hold at lacklustre level
Domestic US oil country tubular goods (OCTG) pricing is nearing par with imports, reflecting an ever-weakening market environment, Kallanish hears from market sources.
“Prices are right at or slightly above domestic,” says one Gulf Coast trader. “The domestics are all hungry and scared – too much capacity, too little demand.”
Kallanish held its representative P110 domestic welded casing price Friday at $1,175-1,200/short ton &nda…
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Anonymous
Very good overview of the weekly steel market.
Anonymous