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21 Apr
19:31

US OCTG pricing trends up on supply concerns

Simple supply and demand is pushing up US oil country tubular goods prices, but topline growth could ultimately be limited by availability, Kallanish learns from market sources. Pricing for P110 domestic welded casing is now hovering near the $1,725-1,775/short ton mark, up about $25/st from last week. A major trade case decision against Korean tubulars – and the past year or so of decreased import availability – is lending pricing power to common…
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