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15 Mar
14:40

US energy tubular pricing stays soft

US energy tubular prices remain mired despite a general pricing uptick in most other products, Kallanish learns from market sources. Oil country tubular goods (OCTG) prices continue to be depressed by a mismatch between supply and demand, according to a Gulf Coast trader. “While crude is starting to move, OCTG prices are not,” he says. “There’s too much inventory overhang. Mills are getting thirsty, and distributors still see uncertain…
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