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15 Dec
21:06

US OCTG prices tread water

US oil country tubular goods prices remain moribund at the representative $1,200-1,250/short ton level, Kallanish hears from market sources. That representative price for P110 domestic welded casing is widely applicable across a variety of grades and sizes while mills search for any kind of throughput, says one buy-side source. That’s likely to be the case until next year, he says – with possibly a little room to move downward. “If prices…
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