Import J55 electric resistance welded (ERW) oil country tubular goods (OCTG) casing offers to the US from Vietnam have trended sideways since our last report. Offers continue to be reported at $955-$965/mt CFR FO in US Gulf ports.
SteelOrbis has also learned that import J55 electric resistance welded (ERW) oil country tubular goods (OCTG) casing offers from Taiwan are still in the range of $960-$980/mt CFR FO in US Gulf coast ports. This reflects no change since our last report a week ago.
Lastly, J55 electric resistance welded (ERW) oil country tubular goods (OCTG) casing offers from Korea to the US have also held steady since our last report. Sources close to SteelOrbis have confirmed these offers are still being seen in the range of $960-$970/mt CFR FO in US Gulf coast ports.