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26 Feb
15:13

OCTG 2016 demand to fall by 20%: Tenaris

Steel tubemaker Tenaris expects to see global oil and gas companies cutting back further on their investment plans, especially in North America. Drilling activities will continue to decline affecting the OCTG global demand, the company says in its annual results statement monitored by Kallanish. OCTG demand will fall considerably in the United States and Canada "… where substantial activity reductions are expected and inventories remain high in relat…
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