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17 Aug

US OCTG pricing holds steady on-week

Pricing for OCTG representative product P110 5.5-inch in the US is flat this week while distributors have little impetus to order from domestic mills, market participants inform Kallanish. The price range for welded P110 casing is unchanged at $2,000-2,200/short ton. Customer inquiries for steel are still very infrequent, according to one southern distributor. Other distributors confirm that any need for casing can be filled from stock on the ground, for now…
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Dom Yanchunas  |  USA
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