20
Apr
21:30
US OCTG prices slip on-week
US OCTG representative product P110, 5.5-inch casing is transacting in the range of $3,100-3,200/short ton, a decrease of $100/st on each end from the previous week, Kallanish understands.
“Spot has leaked and has been overbought. P110 5.5-inch product is posting higher, but it is actually transacting for less. Things are still kind of quiet this week,” explains an OCTG distributor.
In the week of 20 April, 2022, OCTG was between $3,000-3,250/st. All…
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Anonymous
Very good overview of the weekly steel market.
Anonymous