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 …
Steel Inventory Falls as Demand Recovers, OCTG Prices Expected to Remain Elevated – Rystad Energy Steel and OCTG Market Note
Positive signals for Chinese steel demand, but prices slipping. OCTG demand expected to revive in June. Here is Rystad Energy’s weekly steel and OCTG note from two of our analysts, Alistair Ramsay and Marina Bozkurt: Steel Steel inventory levels in China have fallen in May, a positive signal for demand …
Rystad Energy: Russia-Ukraine Conflict Impacts OCTG Supplies
This week, the Russia-Ukraine conflict is restricting global OCTG supply, particularly in the Middle East and USA. Nickel prices have also experienced aggressive rises due to the conflict in Ukraine. Lithium continues to rocket with prices now 118% higher than at the end of the year. OCTG The implementation of …