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20 Sep
16:19

OCTG prices trend down again

US oil country tubular goods (OCTG) prices continued to erode last week, Kallanish learns from market sources. Kallanish now puts representative product P110 domestic welded casing at $1,050-1,100/short ton, fob mill, no end-finishing. A buyer on the Gulf Coast says that the market is experiencing pressure from a variety of angles. Skelp demand – and thus pricing, which can be passed along on welded energy tubulars – is weak and getting weaker, co…
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