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19 Jan
20:33

US OCTG pricing trends up

US oil country tubular goods pricing is climbing out of its rut due to a combination of market-boosting factors, Kallanish hears from market sources. One buy-side source says the submission of the 232 investigation results to the White House, crude prices north of $60/barrel, extended fracking dates and strong hot-rolled coil pricing are all aiding tubular prices. Kallanish currently puts representative product P110 domestic welded casing at $1,350-1,400/shor…
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