31
Mar
20:12
Availability is chief concern in US OCTG market
Availability of pipe is the greatest concern in the US OCTG market, as it struggles with extremely restricted supply in the face of firm demand.
With domestic mills sold out through the third quarter, buyers are finding it hard to get firm pricing for Q4 and later. Mills remain cautious on pricing and tonnage commitments, especially as the price of hot rolled skelp continues to rise.
“The supply chain is full, late, and oversubscribed,” one Texas-base…
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Anonymous
Very good overview of the weekly steel market.
Anonymous