04
Oct
18:00
US OCTG pricing remains in rut
US oil country tubular goods pricing continues to suffer due to lacklustre demand and frozen cap ex projects, Kallanish learns from market sources.
Kallanish held its assessment for representative product P110 domestic welded casing Friday at $1,050-1,100/short ton. All prices are ex-works, domestic mill.
One Gulf Coast buyer says the vast majority of the market’s problems are home-grown.
“Imports alone are not that much of a disruption,”…
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Anonymous
Very good overview of the weekly steel market.
Anonymous