Commerce data Korea is now a low-cost OCTG import engine
Dec 06, 2009 | 07:00 PM
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Perspectives continues to be fascinated by just how dramatically the landscape shaped by the oil country tubular goods (OCTG) import market has changed over the last year.
Of course, it's old news that China is out of the picture.
But what continues to catch our eye is which countries have replaced the former 800-pound OCTG import gorilla. (OK, the 300,000-tonne import gorilla . . .)
Check the chart on DocFlash on page 9.
China brought in more than 330,000 tonnes of OCTG to the United States in November 2008. That would be a lot for a quarter, never mind a single month.....
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