16
Jun
21:19
US OCTG prices stand firm
This week the price of representative oilcountry tubular good P110, 5.5-inch pipe remained steady at $3,300-3,630/short ton, Kallanish reports.
Last week, the price jumped from $3,100-3,300/st up to $3,300-3,630/st.
Multiple sources confirmed the change, citing lack of supply as the primary factor driving prices to increase by at least 10%.
Spring had seen prices steady at $3,200-3,400/st, but after a short dip to $3,100-3,300/st prices climbed back even highe…
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.
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