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01 Dec
19:14

OCTG prices hold in US, outlook remains positive

The price of representative OCTG product P110 domestic casing is holding between $4,200-4,400/short ton, Kallanish reports. “Welded OCTG pricing is softening a little, but seamless domestic is holding. I am consumed by working capital and December shipments.  All OCTG distributors focus on year-end inventory levels. We have a strong market before us,  and 2023 should be another good year,” an OCTG distributor explains. For the week of 1 Dec…
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