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12 May
17:05

US OCTG market shows no signs of cooling

High prices, high demand, and low inventory are driving erratic OCTG market conditions for buyers, Kallanish reports.  Prices are expected to push even higher due to recent preliminary findings from the Department of Commerce. The department is investigating potential dumping from Russia, Argentina and Mexico, which might lead to duties that will raise costs, says one buy-side source.  “This is a very hot market,” he says. “B…
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