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14 Dec
20:39

US P110 prices hold steady again on-week

US OCTG representative product P110 5.5-inch casing remains fixed in the $2,000-2,100/short ton range, Kallanish reports. Market activity for P110 5.5-inch remains sparse. “Most are still selling existing inventory. I haven’t seen any quotes this week. Things are very quiet, but I think it will turn around first quarter,” says a Gulf Coast service centre principal. West Texas Intermediate crude is trading around $69-72/barrel so far this week.…
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