Nucor sees opportunity in OCTG growth

Apr 19, 2013 | 05:16 PM | Thorsten Schier

Tags  OCTG, oil country tubular goods, Nucor, first-quarter 2013, John Ferriola, Thorsten Schier

NEW YORK — Nucor Corp. views the growing number of planned domestic oil country tubular goods (OCTG) mills as an "opportunity" for its flat-rolled segment, its top executive said during the company’s first-quarter earnings call.

"We do believe that there’s a significant amount of OCTG coming online. We do believe that that will create an opportunity for our flat-rolled mills, and we are certainly pursuing that very aggressively," president and chief executive officer John Ferriola said April 18.....

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