12
Oct
21:26
US P110 prices remain stable on-week
The US price range for OCTG representative product P110 5.5-inch casing held at $1,900-2,000/short ton, Kallanish understands.
“Product is moving slowly,” says a distribution centre operator.
The US rig count has been trending downward in 2023. For the week ended 6 October, the total oil rig count was 497. In the same week of 2022, the count was 602. The drilling slump has contributed to a decrease in prices for OCTG.
The prices of P110 5.…
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Anonymous
Very good overview of the weekly steel market.
Anonymous