According to preliminary census data from the US Department of Commerce, US imports of oil country tubular products (OCTG) totaled 170,464 mt in June 2019, down 13.3 percent from May and down 5.8 percent from June 2018 levels. By value, OCTG imports totaled $190.3 million in June 2019, compared to $210.7 million in the previous month and $205.8 million in the same month last year.
The US imported the most OCTG from Argentina in June, with 25,645 mt, compared to 4,662 mt in May and 7,390 mt in June 2018. Other top sources of imported OCTG in June include Ukraine, with 22,061 mt; Taiwan, with 21,019 mt; Russia, with 13,718 mt; and Korea, with 11,742 mt.