25
Aug
17:55
US OCTG prices remain stuck in summer ranges
As the rest of the US steel industry powers through the shreds of the summer slowdown, oil country tubular goods remains mired, Kallanish reports.
One buy-side source puts P110 domestic welded casing prices at $1,450-1,550/short ton. This is level with Kallanish’s assessments over the last several weeks.
“There are few transactions to test, but it seems that range is representative,” he said. “We’re in the August doldru…
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Anonymous
Very good overview of the weekly steel market.
Anonymous