07
Sep
17:03
OCTG imports from Korea, Mexico surge in summer
US oilcountry tubular goods imports reached a two-year high in July, alongside historic pricing terms, Kallanish learns from Preston Pipe’s weekly report.
July import levels in absolute terms reached their highest level since July 2019. At that time, the US rig count averaged 955, while it reached an average of 483 this year.
Preston notes that imports from South Korea, including August license figures, have averaged about 55,000 short tons/mont…
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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