04
Nov
12:16
US OCTG prices remain flat
US oil country tubular good prices remained unchanged in the week ended 2 November, Kallanish learns from market sources.
Representative product P110 domestic welded casing stayed flat at $1,550-1,600/short ton. All prices are ex-works, domestic mill.
A Gulf Coast source says large program buys are currently being negotiated, which is putting pressure on spot prices.
“As those programs are placed, lead times extend and pricing will firm,” he sa…
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Anonymous
Very good overview of the weekly steel market.
Anonymous