18
Jan
21:25
OCTG pricing holds steady in US, sentiment subdued
OCTG prices in the US are flat this week while market participants continue to detect few tangible catalysts for a demand upturn, Kallanish hears.
Domestic prices of representative OCTG product P110 5.5-inch casing continue transacting within the range of $2,000-2,200/short ton.
“Not seeing anything but distressed sale numbers," confirms one OCTG supplier. "Inventory levels are still dwindling. We’re all still waiting on some sign…
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Anonymous
Very good overview of the weekly steel market.
Anonymous