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06 Jul
19:10

OCTG uncertainty still anchors US market

Despite seemingly solid fundamentals - largely as a result of the US 232 tariffs - uncertainty still reigns in the US oil country tubular goods market, Kallanish hears from market sources. "I can safely say that I've never felt a greater lack of direction for this business in my 17-plus years in OCTG and line pipe," says one buy-side source. "The rest of the quarter and the fourth quarter, in particular, are going to be interesting. I really w…
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