Rystad Energy: OCTG Prices in Japan and China Diverge While European and Chinese Steel Prices Narrow
OCTG prices for Japan rise on high raw material prices, while they drop in China due to lower demand. Scrap metal prices fall and the price gap between European and Chinese steel narrows with global steel production set to be close, but not match the 2020 peak. Here is Rystad …
OCTG Prices Expected to Remain High for Remainder of 2022 – Rystad Energy OCTG and Energy Steel Market Note
The OCTG sector in the US continues to struggle with extremely restricted supply in the face of strong demand as China’s steel production and prices begin to return to normal. Here is Rystad Energy’s weekly steel and OCTG note from two of our analysts, Alistair Ramsay and Matthew Loffman: Energy …