27
Jul
19:53
US P110 5.5-inch prices hold, Q4 rebound anticipated
Prices of OCTG representative product P110 5.5-inch in the US are transacting between $2,000-2,200/short ton, the same range as last week, Kallanish learns.
Some market participants forecast a modest price rebound before the end of 2023.
“I spoke with a colleague who said they’ve not had a domestic order in over six months. When I asked about prices, they didn’t have a firm number but said maybe we could see something around $2,400/st in t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous