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01 Sep
18:00

US OCTG prices continue to fall

US oil country tubular goods prices trended down Friday, despite a temporary supply crunch brought on by Hurricane Harvey. P110 domestic welded prices fell to $1,350-1,400/short ton from the prior level of $1,400-1,450/st. Prices have been on a downward trajectory for the past several weeks, Kallanish notes. Hurricane Harvey closed the Port of Houston – one of the key supply ports for oil country products – and made roads throughout the Texas and …
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