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07 Jul
21:51

US OCTG pricing wavers on 232 news freeze

US oil country tubular goods (OCTG) prices continued to slip Friday as buyers still await a decision on the 232 national security investigation. Kallanish lowered its P110 domestic welded casing price to $1,600-1,650/short ton. Line pipe prices have proved more resilient than OCTG prices in recent weeks, primarily due to the uncertainty surrounding second-half drilling programs. A decision on the 232 security investigation in favour of additional tariffs coul…
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