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02 Dec
22:14

OCTG prices show small signs of improvement

Somewhat increased demand from the oilfield and supply discipline from producers is lending a little strength of oil country tubular goods (OCTG) pricing, Kallanish learns from market sources. Kallanish increased its P110 domestic welded OCTG casing price Friday to $890-910/short ton, ex-works. “I do think things are firming, mostly driven by raw material costs,” says one buyer. “Domestics seem to be hanging on to one shift, giving them a li…
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