Import offers for J55 electric resistance welded (ERW) oil country tubular goods (OCTG) casing to the US from Korea and Taiwan have decreased by approximately $10/mt in the past week and are now being offered in the range of $890-$900/mt CFR FO in US Gulf Coast ports.
In addition, import offers for J55 electric resistance welded (ERW) oil country tubular goods (OCTG) casing to the US from India and Vietnam are still being seen in the approximate range of $880-$890/mt CFR FO in US Gulf Coast ports, reflecting no change in the past week.