09
Dec
21:26
US OCTG prices show modest strength
US oil country tubular goods (OCTG) prices look likely to trend up slightly through year-end, Kallanish learns from market sources.
Kallanish currently has P110 domestic welded casing at $890-910/short ton.
The majority of domestic welded OCTG goods are hovering just north of the $900/st mark and incrementally rising, says one buy-side source. That pattern is likely to continue due to ever-thinning inventories and improving oil prices, he says.
The most re…
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Anonymous
Very good overview of the weekly steel market.
Anonymous