Import offers for J55 electric resistance welded (ERW) oil country tubular goods (OCTG) casing to the US from Vietnam and Korea have decreased by $20/mt in the past week and are now being seen in the approximate range of $920-$930/mt CFR FO in US Gulf coast ports.
Further, import offers to the US for Taiwanese J55 ERW OCTG casing are now being offered in the range of $920-$930/mt, CFR FO in US Gulf coast ports, reflecting a $30/mt decline since last week.
Finally, import offers to the US for Indian J55 ERW OCTG casing have held steady since last week and are still being seen in the range of $920-$930/mt, CFR FO in US Gulf coast ports.