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11 Nov
21:41

OCTG prices set to rise on oilfield optimism

Oil country tubular goods (OCTG) pricing could be receiving a bump in the near future as a result of increased confidence in the oil and gas market, Kallanish learns from market sources. Vallourec released a $75/short ton increase on carbon products and a $100/st increase on tubing. US Steel, reports market sources, will likely follow the increase. “Things are getting better, and courage after the election is mounting,” says one buy-side OCTG sour…
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