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01 Feb
21:22

US OCTG prices slip again

US oil country tubular goods pricing eroded again on Friday as the market’s wait-and-see attitude towards 2019 capex spending continued, Kallanish hears from market sources. Kallanish lowered its representative P110 domestic welded casing price to $1,350-1,400/short ton. All prices are ex-works, domestic mill. “It’s a slow burn in a very cautious market,” says one Gulf Coast trader. “[... Mills] are waiting on [producer] ear…
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