16
Mar
17:14
Representative OCTG product P110 5.5-inch casing is $3,680-3,850/short ton in the US market, Kallanish understands.
“Prices are solid. Rigs count is leaking some in gas-directed basins. But for now, I don’t feel a surplus growing for P110, 5.5-inch. In fact, lead times are still into Q3,” says a distributor.
Baker-Hughes has reported four consecutive weeks of operational rig declines for the US. The last count posted US rigs at 74…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Kristen DiLandro
USA
More free articles from our archive
Related articles
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous