14
Mar
19:17
US OCTG prices remain unchanged on-week
US OCTG representative product P110 5.5-inch casing continues transacting within the range of $1,950-2,090/short ton for the fourth straight week, Kallanish reports.
OCTG market participants are watching mergers and acquisitions this week, including ArcelorMittal's (A/M) $1 billion acquisition of 28% of Vallourec. ArcelorMittal’s ceo, Aditya Mittal, announced the company’s interest in increasing its tubular business (see Kallanish 13 March).
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Anonymous
Very good overview of the weekly steel market.
Anonymous