US OCTG market slow to wake after year-end holidays

Tuesday, 03 January 2017 23:07:03 (GMT+3)   |   San Diego
       

Pricing for US import OCTG casing from Korea in the US domestic market is unchanged in the past week, at $37.50 cwt. ($827/mt or $750/nt), DDP loaded truck in US Gulf coast ports; the most commonly heard offer pricing for US import J55 ERW OCTG casing from Taiwan in the US domestic market has also remained lateral, at $35.50-$36.50 cwt. ($783-$805/mt or $710-$730/nt), DDP loaded truck in US Gulf coast ports.

Trader sources say that they expect that offshore energy pipe producers will present them with new pricing in the upcoming weeks.
 


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