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10 Aug
21:38

OCTG pricing flat on-week in US

Pricing for OCTG representative product P110 5.5-inch in the US held steady this week while distributors continue a long pause in buying, market participants inform Kallanish. The price range for welded P110 casing is unchanged at $2,000-2,200/short ton. Distributors report that they will not need significant restocking for the remainder of the summer. Domestic mills will face stiff competition for any bids, not only against imported material but also agains…
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