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17 Mar
19:31

Undersupplied US OCTG market tightens further

Further tightness in the OCTG market is expected in an already undersupplied US market. Lead times for OCTG have pushed out into the fourth quarter, and mills are not quoting prices nor committing to tonnages, sources tell Kallanish. Exports previously scheduled to arrive into the US are being eliminated from the supply chain as the Russian invasion of Ukraine and associated sanctions have completely interrupted global trade. End user prices for representative O…
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