16
May
20:04
US OCTG market remains slow, prices stable
US domestic spot market prices for OCTG representative product P110 5.5-inch casing are flat week-on-week, still within a range of $1,800-1,900/short ton, Kallanish reports.
“Pipe market still very slow," observes a Gulf Coast importer. "Prices haven’t moved from last week's lows.”
OCTG pricing is less than half of the levels one year ago, according to Kallanish data.
During Vallourec's first-quarter earnings call on Thursday,…
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Anonymous
Very good overview of the weekly steel market.
Anonymous