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03 Feb
21:09

US market will support high energy tubulars pricing

With strong demand and tight inventories, elevated prices in the US energy tubulars market are expected to continue through at least the first half of the year. In a ‘seller’s market’ that’s been ongoing since at least November, the market for OCTG continues to be in a state of undersupply. Some mills who committed to tons last year have come back to tell end users that they are unable to fulfill those orders. Lead times from domestic mills…
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