OCTG selling tags sink to new low: Pipe Logix

Mar 27, 2013 | 04:38 PM | Thorsten Schier

Tags  Pipe Logix, OCTG, oil country tubular goods, March, J55, N80, seamless, welded Kurt Minnich

NEW YORK — Distributor selling prices for oil country tubular goods (OCTG) fell to a 26-month low in March, according to the latest data from Pipe Logix Inc.

Average prices for all OCTG products fell to $1,686 per short ton, down 0.9 percent from $1,702 per ton in February, the Tulsa, Okla.-based company said. This is the lowest level since January 2011, when prices averaged $1,671 per ton.....

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