10
Oct
19:04
US OCTG prices to stay hot this winter
Cool weather is bringing hot energy tube prices to the US, Kallanish reports.
P110 domestic welded casing is currently sitting at $4,110-4,310/short ton - up a whopping 75% on-year.
The energy crisis in Europe brought on by Russia’s invasion of Ukraine is underpinning high hydrocarbon prices - and the tubes required to get them to market, says one buy-side source.
“I don’t see any direction but up,” he says. “As cr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous