09
Feb
18:55
US OCTG trends up
US oil country tubular goods prices are headed up, market sources tell Kallanish.
Vallourec has announced a $150/short ton base price hike for its products, a move market sources expect to be followed by other domestic producers.
Due to rising demand and a generally more active market, a large portion of increases should begin to stick immediately, says one buy-side source.
“I expect all others to follow,” he says. “they’re working …
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Anonymous
Very good overview of the weekly steel market.
Anonymous