02
Jun
18:28
US OCTG pricing stands still
OCTG prices for representative grade P110 are not keeping pace with the downturn in HRC, Kallanish confirms with market sources.
This week, the price for P110 slipped to $3,100-3,300/st to reflect market input. All prices are ex-works, domestic mill.
"In this market, you can’t pay too much attention to falling HRC, which would be our normal indicator. Right now it is all supply and demand. And demand far outweighs supply, so I doubt you&rsquo…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous