US OCTG pricing still flexible at pipe distribution centers

Tuesday, 14 August 2018 23:17:09 (GMT+3)   |   San Diego
       

Last week, SteelOrbis reported that a growing number of pipe distributors were open to selling J55 ERW OCTG casing at below replacement cost due to a slowdown in order activity.

That trend has carried over to the current week. Sources close to SteelOrbis say that it’s difficult to pinpoint an average price, since deals are largely being made on a customer-to-customer basis, depending on volume and tonnage.

Ex-mill pricing, however, has remained level.  As with last week, US domestic J55 ERW casing is being heard in the range of $64-$69 cwt. ($1,411-$1,521/mt or $1,280-$1,380/nt), ex-mill; Taiwanese J55 ERW OCTG casing is also unchanged week-over-week, at $65-$66 cwt. ($1,433-$1,455/mt or $1,300-$1,320/nt) DDP loaded truck in US Gulf coast ports.


Similar articles

Chinese steel pipe export offer prices edge down slightly

27 Mar | Tube and Pipe

US HSS prices revise downward yet again due to soft HRC prices

25 Mar | Tube and Pipe

US structural pipe and tube exports down 41.7 percent in January

22 Mar | Steel News

Chinese steel pipe export offer prices fluctuate within limited range

20 Mar | Tube and Pipe

US structural pipe and tube imports up 13.6 percent in January

19 Mar | Steel News

US mechanical tubing imports up 17.6 percent in January

18 Mar | Steel News

Chinese steel pipe export offer prices move down further

13 Mar | Tube and Pipe

US HSS prices

12 Mar | Tube and Pipe

US HSS prices steady after last week’s drop

07 Mar | Tube and Pipe

Finished US domestic J55 ERW OCTG casing spot market price range

06 Mar | Tube and Pipe