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22 Mar
19:00

US OCTG prices remain flat on week

US oil country tubular goods prices are still in a low holding pattern due to excess inventory, Kallanish hears from market sources. Kallanish puts representative product P110 domestic welded casing at $1,300-1,350/short ton. All prices are ex-works, domestic mill. Though the market as a whole will likely remain depressed in the near-term, the recent buy-out of TMK Ipsco by Tenaris should provide some support for energy tubulars pricing, says one Gulf Coast t…
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