02
Sep
19:48
US OCTG prices still bouncing near bottom
US oil country tubular goods (OCTG) prices remain relatively static, albeit at depressed levels, market sources tell Kallanish.
One OCTG buyer says some holes are developing in certain sizes and grades, but the majority of stock is difficult to move due to the lagging North American rig count.
“Nothing much to add this week,” he says, adding that most upgradeable grades like P110 are obtainable well below the $900/short ton threshold. “Howev…
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Anonymous
Very good overview of the weekly steel market.
Anonymous