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17 Nov
19:47

US market for OCTG remains stable

The price of OCTG P110 5.5 inch remains between $4,200-4,400/short ton, remaining consistent in this range for six weeks, Kallanish reports. “The market is still strong. Mills are late and pricing is holding. Demand is still strong. And the outlook is positive,” an OCTG distributor says. Tenaris recently announced it would be moving some OCTG production for the US market to the US to end its practice of accepting and paying anti-dumping duties for pro…
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