Import J55 electric resistance welded (ERW) oil country tubular goods (OCTG) casing offers from Korea have increased about $20/mt since last week and are now between $980-$1,000/mt CFR FO is US Gulf coast ports.
SteelOrbis has also learned that import J55 electric resistance welded (ERW) oil country tubular goods (OCTG) casing offers from Taiwan currently range from $980-$1,000/mt CFR FO in US Gulf coast ports--reflecting a $30/mt increase in the last week.