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07 Dec
22:21

US OCTG prices remain moribund

US oil country tubular pricing remained unchanged in the week ended 7 December, Kallanish learns from market sources. Representative product P110 domestic welded casing is holding at $1,550-1,600/short ton, a level it has maintained for the past several weeks. This relative stability is due to a pause in big program buying for next year, says one Gulf Coast source, though that is likely to change now that the mid-term elections are over and the dema…
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