OCTG pricing decline resumes in July

Aug 01, 2013 | 04:36 PM | Thorsten Schier

Tags  Pipe Logix, OCTG, oil country tubular goods, OCTG prices, seamless tubing, welded tubing, production casing, Thorsten Schier

NEW YORK — Distributor selling prices for oil country tubular goods (OCTG) resumed their downward march in July, falling to a nearly three-and-a-half-year low.

OCTG product prices averaged $1,658 per ton in July, down 0.7 percent from $1,670 in June and 10.7 percent below $1,857 in the same month last year, according to the latest data from Tulsa, Okla.-based Pipe Logix Inc.....

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