18
May
21:31
OCTG holds on-week, outlook sunnier
US OCTG representative P110 5.5-inch prices held on-week in the range of $2,850-2,900/short ton, Kallanish confirms.
“I think the industry believes the price level will continue to slide through Q2. Mostly because inventories are plump. However, at the same time most are expecting stronger demand during H2. We are beginning to see several new requirements for Q3 delivery. Which is encouraging given how quiet it has been early Q2,” says a distributor so…
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