30
Jun
17:21
OCTG prices weather rocky market conditions
The price of P110, 5.5-inch diameter pipe is holding, for the fourth consecutive week, at $3,300-3,600/short ton, ex-works, domestic mill, Kallanish learns.
“Unexpected maintenance, scheduled maintenance with delayed start up, late boats, congested ports, loaded HT (heat-treating) and threading facilities, rail & truck issues, and couplings all come into play,” a tubular goods seller explains.
Stock for OCTG is currently lean. The right culminati…
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Anonymous
Very good overview of the weekly steel market.
Anonymous