23
Nov
00:00
TMK sees Russian large diameter pipe, OCTG demand growing in Q4
Russian pipemaker TMK sees higher consumption of large diameter pipe (LDP) by gas giant Gazprom, as well as seasonally stronger oil country tubular goods (OCTG) pipe demand, strengthening the domestic market in the fourth quarter.
In the US Q4 drilling activity is expected to remain stable despite a continued decline in oil prices. A seasonal increase in Canadian drilling and colder US weather should support higher gas prices. US OCTG prices are seen continu…
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Anonymous
Very good overview of the weekly steel market.
Anonymous