Import J55 electric resistance welded (ERW) oil country tubular goods (OCTG) casing offers from Korea have fallen $50/mt in the last week and now range from $950-$970/mt CFR FO in US Gulf coast ports.
Furthermore, import J55 electric resistance welded (ERW) oil country tubular goods (OCTG) casing from Taiwan have fallen approximately $35-$40/mt since last week and now range from $970-$980/mt CFR FO in US Gulf ports.