30
Dec
19:59
US OCTG pricing remains flat
US oil country tubular goods pricing should hold steady through year-end due to low transaction volume, but an uptick is expected early new year, Kallanish learns from market sources.
Kallanish held its P110 domestic welded casing price steady last Friday at $1,000-$1,050/short ton.
“There’s too few transactions at year end [... to move pricing],” says one buy-side source. “But the direction is clearly up.”
The US rig count ti…
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Anonymous
Very good overview of the weekly steel market.
Anonymous