09
Oct
20:33
US OCTG pricing still tied to skelp costs
The US oil country tubulars good market remains anchored by low liquidity, but that’s being partially offset by an uptick in skelp costs.
Kallanish held its representative P110 domestic welded casing price Friday at $1,100-1,150/short ton. All prices are ex-works, domestic mill.
“The market feels a little better this week,” says one Gulf Coast buyer. “Hot-rolled is still pointing to higher replacement costs, and the rig count is movi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous