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11 Oct
17:21

US OCTG pricing maintains tenuous grip

US oil country tubular goods pricing remains in a holding pattern, but that pattern may soon decay if general market conditions fail to improve, Kallanish learns from market sources. Kallanish held its representative P110 domestic welded casing price Friday at $1,050-1,100/short ton. All prices are ex-works, domestic mill. “Things are about the same [on week], but pricing is becoming more desperate,” says one Gulf Coast trader. “Flat-rolled …
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