28
Feb
12:31
Mid-East OCTG trends up after bottoming out: Tenaris
Middle Eastern OCTG prices have bottomed out and are now on an uptrend supported by costlier raw materials, according to Tenaris. This follows a deterioration in prices in 2016 that has filtered through to the pipemaker’s current order backlog.
Middle Eastern pipe projects are increasing in complexity and their focus is currently more on gas. This means the share of premium products is increasing over API, according to Tenaris Eastern Hemisphere …
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Anonymous
Very good overview of the weekly steel market.
Anonymous