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12 Aug
13:48

US OCTG prices hold steady

US oil country tubular goods (OCTG) prices were unchanged Friday as the market continues to seek a definitive direction, Kallanish reports. Kallanish puts domestic welded P110 casing at $1,450-1,550/short ton. All prices are ex-works, domestic mill. One buy-side source says OCTG sentiment is still trending down, but prices have entered a holding pattern, along with the North American rig count. Friday’s Baker Hughes North American rig count displayed…
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