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22 Nov
19:37

US OCTG import licenses rise in October

US import licenses for oil country tubular goods (OCTG) appear to have risen significantly in October, Kallanish learns from the US Department of Commerce. OCTG licenses for October totalled 124,309 tonnes, up from September’s final tally of 75,034t. License totals are generally slightly higher than final totals due to cancelled orders and other logistical issues. If October’s license figure stays relatively static, it will represent a new 12-mont…
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