09
May
21:39
US OCTG demand remains weak, pricing flat
The US OCTG representative product P110 5.5-inch has held its spot price range of $1,800-1,900/short ton week-on-week, reports Kallanish.
A P110 casing consumer located along the Gulf Coast expresses disappointment with the activity this week.
“The market is bad and prices stink! There is no demand,” says the Gulf Coast source.
A market analyst located in the same region observes that demand for petroleum products is in balance with consumption…
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