11
Jan
21:29
US OCTG prices recover in new year
Following six weeks of unwavering prices transacting within the $2,000-2,100/short ton range, OCTG representative item P110 5.5-inch casing pricing gained this week.
Domestic welded P110 5.5-inch product prices are adjusted to $2,000-2,200/st, Kallanish reports.
A Gulf Coast importer attributes the increase in domestic P110 to multiple market factors.
“Inventory is fairly well balanced between supply and demand; prices are leaning on the upper end of the…
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Anonymous
Very good overview of the weekly steel market.
Anonymous