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28 Sep

OCTG sources confirm P110 pricing dips in US

The US price range for OCTG representative product P110 5.5-inch casing has decreased to $1,900-2,000/short ton from last week when the pricing ranged from $2,000-2,200/st, Kallanish confirms. “I just haven’t seen anything firm up yet. Mills are quoting, but I don’t know what kind of order book they are getting,” says one Gulf Coast distributor. A midwestern-based service-centre operator says: “Mills are telling us that material is f…
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