Prices of OCTG representative product P110 5.5-inch casing hover in the range of $2,000-2,200/st for another week, learns Kallanish.
“Excess inventory continues to fulfill the bulk of casing needs. It’s a quiet time of year. It may also be the bottom,” explains a service-centre operator.
In the equivalent week of 2022, prices for P110 5.5 transacted in the range of $4,100-4,200/st. All prices are ex-works domestic mill.
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.