18
Mar
12:23
Vallourec foresees stable drilling, lower iron ore prices
Stable drilling activity and global tubular demand will cause OCTG market prices to remain in line with current levels, while iron ore prices are expected to decrease moderately year-over-year, French pipemaker Vallourec says.
In 2024, the average price of scrap and iron ore in the Americas is seen as relatively stable but a modest reduction is forecast for steel products in China and alloys used in specialty steels. Vallourec sees its iron ore sales in 2024 reach…
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Anonymous
Very good overview of the weekly steel market.
Anonymous