02
Jan
16:32
US rig count to weigh on OCTG pricing
US oil country tubular goods (OCTG) pricing is unlikely to get a big boost from the domestic rig count over the course of 2020, Kallanish learns from market sources.
Kallanish is holding its representative P110 domestic welded casing price at $1,050-1,100/short ton. All prices are ex-works, domestic mill.
That price will likely be a touchstone for the year ahead, as lacklustre rig numbers are somewhat offset by increased consumption per rig, says a Gu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous