25
Jan
20:31
US OCTG pricing turns weaker
US prices of OCTG representative product P110 5.5-inch casing are on the decline this week, Kallanish learns.
Now transacting within the $2,000-2,090/short ton range, P110 5.5-inch was $2,000-2,200/st the previous week.
In the week of 11 January, the P110 5.5-inch product jumped to $2,000-2,200/st after starting the year at $2,000-2,100/st, but this week, prices are now down to their lowest position of 2024.
“Lead times are holding to buyer advantage as …
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Anonymous
Very good overview of the weekly steel market.
Anonymous