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14 Apr
18:56

US OCTG pricing stays level after Korean victory

US oil country tubular goods pricing is still stable, but there’s potential for big gains in at least some grades due to a recent trade case ruling against Korea, Kallanish learns from market sources. Kallanish pins domestic P110 casing at $1,700-1,750/short ton. All prices are ex-works, domestic mill. The trade case win against Korea virtually guarantees duties of 2.76-24.92%, says one buy-side source. Korean imports had already been chilled by the mer…
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