06
Jun
21:11
US OCTG prices remain flat for third week
OCTG prices in the US are holding their position as sources say the market is oversupplied and further price decreases may be inevitable.
Domestically produced welded P110 5.5-inch casing is transacting within the range of $1,600-1,800/short ton for a third consecutive week, Kallanish hears from market participants.
One pipe and tube analyst in the Gulf Coast region highlights how larger fundamental shifts this week will not take immediate effect …
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Anonymous
Very good overview of the weekly steel market.
Anonymous