23
May
16:13
Mill worker shortages drive higher prices on OCTG
A buy-side source tells Kallanish not to expect any radical price drops for P110 in 2022.
On 19 May, Kallanish learned P110 was priced from $3,200-$3,400/short ton.
“Prices are firm at ever-increasingly high numbers. But the price is a bit misleading. It assumes there is a product available from inventory or future sale. In my view, mills are booked through the rest of this year,” the source explains. "Prices are certainly going higher for spot t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous