SteelOrbis has learned that import J55 electric resistance welded (ERW) oil country tubular goods (OCTG) casing offers from Korea have increased $20/mt since last week, with offers now ranging from $1,000-$1,010/mt CFR FO in US Gulf coast ports.
Similarly, import J55 electric resistance welded (ERW) oil country tubular goods (OCTG) casing from Taiwan have increased $20/mt in the last week to $1,000-$1,020/mt CFR FO in US Gulf ports.
Meanwhile, import J55 electric resistance welded (ERW) oil country tubular goods (OCTG) casing offers from Vietnam to the US range from $970-$980/mt CFR FO in US Gulf Coast ports, reflecting no change from last week.
Additionally, import J55 electric resistance welded (ERW) oil country tubular goods (OCTG) casing offers from Turkey have not moved in the last week and are still in the range of $990-$1,010/mt CFR FO is US Gulf ports.