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21 Sep
20:31

US OCTG prices shake off sluggishness

US oil country tubular goods prices are showing signs of life after a post-summer pricing slump, Kallanish hears from market sources. While prices on the ground have not moved from their representative $1,550-1,600/short ton level, market interest appears to be picking up. “Mills are starting to load fourth quarter and tonnage seems to be brisk,” says one Gulf Coast buyer. “That said, no change in pricing yet, but the longer the lead ti…
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