07
Jul
21:19
OCTG prices dip, but market remains strong
This week, US OCTG pricing has decreased to $3,250-$3,550/short ton, Kallanish confirms.
The decrease is a modest one, as last week’s prices ranged from $3,300-$3,600/st. All prices are ex-works, domestic mill. The product is representative grade P110, 5.5-inch diameter.
“Domestic mills have not priced through Q2-2023. But it could be another 2022. If the market stays strong through 2023, it will be driven by basic market forces and without an…
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Anonymous
Very good overview of the weekly steel market.
Anonymous