03
Nov
18:14
US OCTG prices hold, market still strong
US OCTG prices held in the range of $4,200-4,400/short ton during the past week, Kallanish reports.
Last year in the week of 3 November, prices for OCTG ranged between $2,700-3,000/st.
All prices are ex-works, domestic mill.
“Late deliveries increase prices when no inventory is on the ground to back up tardy shipments. Russia is not meeting production targets so domestic production is still very much in demand. Pipe deliveries are late in Q2, a…
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Anonymous
Very good overview of the weekly steel market.
Anonymous