18
Jan
21:21
US OCTG prices move south
US oil country tubular goods (OCTG) pricing retreated in the week ended 18 January on oil and capital expenditure concerns in the Permian Basin, Kallanish reports.
Kallanish lowered its representative P110 domestic welded casing price on Friday to $1,400-1,450/short ton. All prices are ex-works, domestic mill.
“Oil price are uncertain, and expectation is volatile,” says one Gulf Coast trader. “But capital can’t move as fast as oil, so …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous