07
Dec
21:13
US P110 prices stagnate amidst low year-end demand
Pricing for US OCTG representative product P110 5.5-inch casing is flat this week within a range of $2,000-2,100/st, Kallanish understands.
Demand remains low, according to market participants.
“It’s a quiet week. We are still selling through our inventory, so we have no need for any Q1 deliveries. It seems like pricing will head upward, but I have not seen any firm quotes to verify,” says a Texas-based OCTG sales professional.
The US added th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous