20
Oct
20:37
OCTG prices hold on-week in US
The price of OCTG P110 casing is holding for the second consecutive week at $4,200-4,400/short ton, Kallanish reports.
A few weeks ago, OCTG sources expressed optimism and predicted a sunny forecast for the industry through the rest of the year. Today, the sentiment is mixed.
One distribution source says: “A rail strike remains possible after the election, and the United Steelworkers at US Steel are still working without a contract. Now, the …
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Anonymous
Very good overview of the weekly steel market.
Anonymous