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28 Jul
19:43

OCTG market remains bullish, no signs of relief

This week prices remained firm for representative OCTG product P110, 5.5-inch diameter, at $3,600-3,900/short ton. All prices are ex-work domestic mill, Kallanish notes. “A mill source told me last week that they were on time and had few issues keeping up with customer orders­ – but he did not say that it was because they only had seven contract customers! A distributor closely engaged with this same mill shared that the mill was close to 90 days lā€¦
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