28
Dec
19:06
OCTG pricing remains flat in US, outlook positive
Prices for OCTG in the US domestic market are flat week-on-week to end 2023, mainly because of holiday-related inactivity, Kallanish learns from market participants.
Welded P110 5.5-inch casing is holding steady at $2,000-2,100/short ton.
Sources characterise the overall mood of the OCTG market in the final week of 2023 as “sleepy,” but market sentiment going into 2024 remains positive.
“It's been quiet. Movement will start afte…
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Anonymous
Very good overview of the weekly steel market.
Anonymous