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16 Nov

US OCTG prices remain stable, 2024 outlook improving

OCTG representative product P110 5.5-inch casing transactional prices are holding steady at $2,050-2,150/st, Kallanish learns from market participants. “The market is quiet this week. There’s nothing new to report. Budgets for 2024 are in review. Once budgets are approved things should move more briskly,” reports a Texas-based supplier. A different Texas-based service centre manager says some market conditions are improving. “Business tic…
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