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24 Sep
17:21

OCTG prices hold firm in US

Pricing in the US energy tube market remained firm last week, but a spike could be on its way as the weather cools in the coming months. With natural gas reserves drawn down, there could be added pressure to drill ahead of the coming winter season, Kallanish learns from market sources. The representative P110 domestic welded casing price remained unchanged on Friday at $2,300-2,500/short ton, ex-works, plain end. Hot-rolled coil continues to sell at record pricing…
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