• Skip to main content

    Prices

    The OCTG Case – How the Law and Bureaucracy Impact the OCTG Market

    Written by David Phelps


    The following article was written by David Phelps, the recently retired director of the American Institute for International Steel and now a contributing writer for Steel Market Update. You can find more information about Mr. Phelps in the About Us section of our website.

    On February 18th, the Department of Commerce’s International Trade Administration shocked almost everyone with its delayed preliminary anti-dumping margin determination on OCTG (oil country tubular goods) from nine countries.  

    Latest in Prices

    Mills seek more scrap after lower prices fail to attract tons

    Several mills that bought October scrap early last week are still asking for additional supplies, scrap market participants said. The reason: the mills' initial prices did not attract enough of the raw material, they said. A trading source based in northern Ohio said three mills have contacted his firm seeking offers for additional tons. He said the mills asked for offers even if prices were higher than their original buys last week.