OCTG import levels won’t change soon: Tenaris
Aug 02, 2013 | 04:07 PM
| Thorsten Schier
NEW YORK The level of U.S. imports of oil country tubular good is unlikely to change soon despite a recent trade case filed against nine countries, senior executives of Tenaris SA said.
"We continue to see levels of imports above 50 percent. We dont believe that will change anytime soon," Tenaris North American area manager Germán Curá said in an Aug. 2 earnings call.
Inventories also remained at "a very high level" and, as such, the case is expected to have little effect on prices in the third quarter, he said.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.