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10 Sep
15:13

Hot skelp market warms fall OCTG pricing

Availability has trumped pricing in the US oilcountry tubular goods market, allowing producers to shoot for ever-higher numbers for late 2021 and early 2022.  Hot-rolled pricing remains unprecedented, says a Gulf Coast tube trader, with scheduled maintenance for the fourth quarter poised “crimping supply and solidifying prices,” he says.  “It’s much more about availability now than pricing, which gives the producers some courage …
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