SteelOrbis has learned that import J55 electric resistance welded (ERW) oil country tubular goods (OCTG) casing offers from Korea have fallen about $20/mt since last week, with offers now ranging from $980-$990/mt CFR FO in US Gulf coast ports.
Similarly, import J55 electric resistance welded (ERW) oil country tubular goods (OCTG) casing from Taiwan currently range from $980-$1,000/mt CFR FO in US Gulf ports, reflecting a drop of about $20/mt on the low end from last week.