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18 Nov
20:18

OCTG prices tread water as optimism grows

Optimism is high for US oil country tubular goods (OCTG) prices, but transaction prices are still anchored by soft demand, Kallanish learns from market sources. “Prices are trying to move up,” says one OCTG buyer. “Quoted prices are up, but we’ve yet to see transaction that confirm that they are being realized. But raw material are inching north, so something will have to give.” Kallanish held its P110 domestic welded casing pric…
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