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21 Mar

OCTG pricing holds steady in US

Pricing for US OCTG representative product P110 casing is flat week-on-week, with market particpants expecting stronger crude oil fundamentals to improve demand for energy tubulars, Kallanish hears. The price range for the domestically produced welded P110 5.5-inch casing remains $1,950-2,090/short ton. “The market is tagging the bottom," a Texas-based importer says. "Inquiries are now up, inventories are flat or down, and mills are looking for bu…
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