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10 Feb
22:19

US OCTG prices stay flat

US oil country tubular goods (OCTG) prices remained unchanged Friday, Kallanish reports. P110 domestic OCTG casing is still hovering around $1,225-1,275/short ton, while import offers are just north of the $900/st mark. Though both the US and Canadian rig counts posted small increases Friday and are well above their respective 2015 levels, overall demand is not yet strong enough to justify further price increases, market sources say. The combined North Ame…
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