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02 Nov
20:24

P110 pricing rebounds in US as demand strengthens

The price of US domestic P110 5.5-inch casing has increased to $2,050-2,150/short ton from $2,000-2,100/st last week, learns Kallanish. “Prices are firming and we’re expecting replacement costs to be north of current transaction prices," says a Texas-based service centre operator. "I have talked with several mills this week, and everybody is looking for some tons! Some mills confirm Q4 delivery. With imports at bay, industry inventories …
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