17
Feb
21:02
Tightness continues in US OCTG market
Ongoing supply tightness in the US market is keeping energy tubular prices firm.
The market is watching falling skelp prices, with some expecting the price slide to drive OCTG prices down, but others are anticipating tubular prices will remain firm as domestic lead times remain extended. Additionally, there are reports of delays in import arrivals as congestion continues at major US ports.
Hot rolled coil prices have fallen more than $500/short ton since the begi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous