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13 Sep
16:03

US OCTG prices weaken further

US oil country tubular pricing continues to weaken as the gap between supply and demand grows, Kallanish understands. Kallanish widened its range for representative product P110 domestic welded casing on Friday to $1,150-1,200/short ton, with no end-finishing. All prices are ex-works, domestic mill. “It’s a slow week for demand,” says one Gulf Coast trader. “A declining substrate transaction number and still much uncertainty – fe…
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