Import Turkish offers of J55 electric resistance welded (ERW) oil country tubular goods (OCTG) casing have increased $20/mt in the last week and currently range from $1,080-$1,100/mt CFR FO in US Gulf coast ports.
SteelOrbis has also learned that import J55 electric resistance welded (ERW) oil country tubular goods (OCTG) casing offers from Korea currently range from $1,100-$1,120/mt CFR FO in US Gulf coast ports, reflecting no change in the last week.
Additionally, import J55 electric resistance welded (ERW) oil country tubular goods (OCTG) casing from Vietnam have remained stable in the last week and can still be found in the range of $1,050-$1,060/mt CFR FO in US Gulf coast ports.