The most commonly reported price for US import OCTG casing from Korea and Taiwan have remained stable in the past week, sources say.
Prices for imported J55 ERW OCTG from Korea in the US domestic market is still being heard at $42.50-$44.00 cwt. ($937-$970/mt or $850-$880/nt), DDP loaded truck in US Gulf coast ports, before applicable duties from the antidumping/countervailing duty case.
Prices for imported J55 ERW OCTG casing from Taiwan in the US domestic market continue to be heard at $0.50 cwt. ($11/mt or $10/nt) below Korean pricing.
Trader sources continue to report that overall activity has trended sideways, with some reporting busier than anticipated bookings for the current month.