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10 Jun
21:57

OCTG prices still flounder due to lacklustre demand

US oil country tubular goods prices remain relatively static at historically depressed levels, market sources tell Kallanish. One OCTG trader says pricing is unlikely to jump out of its rut until momentum returns to the US rig count. “OCTG pricing has not firmed from last week in any way,” he says. “But I pray that some day I can report a more encouraging trend. P110 domestic casing pricing has been steady – and low – at $900-…
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