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16 Jun
20:13

US OCTG players grow wary of 232 ruling

US oil country tubular goods players are keeping a careful eye on the section 232 security investigation, the results of which are due this month, Kallanish reports. Domestic mills are hoping for a positive determination, which could lead to extra tariffs and healthier pricing. Traders and their associated mills – including Canadian mills – worry that the market may soon become too tight to compete. “If they really impose further penaltie…
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