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23 Dec
19:43

US OCTG market ends year on high note

The US OCTG market is ending 2021 on a high note, with solid demand and pricing forecast to continue throughout the new year. Supply constraints continue to be an area of concern. OCTG pricing, currently at $2,700-3,000/short ton, fob mill, for representative P110 domestic welded casing, is expected to continue to climb north in 2022. One Gulf Coast distributor tells Kallanish they are expecting 2022 to be the best year for OCTG in several decades, with demand es…
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