09
Mar
21:08
US OCTG prices stable, market projects increases
OCTG pricing for representative product P110, 5.5-inch casing is holding at $3,680-3,850/short ton for the second consecutive week, Kallanish confirms.
“As scrap and HRC prices head north, pipe prices will follow eventually. It seems to me that we have some cash management practices underway. Most of the imports that have hit the shore were purchased back in Q4. So, carbon could enjoy a big bump during Q2. Rig count is settling — it swings. I don…
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Anonymous
Very good overview of the weekly steel market.
Anonymous