OCTG prices slide in oversupplied market
Aug 29, 2013 | 03:13 PM
| Thorsten Schier
NEW YORK Distributor selling prices for oil country tubular goods (OCTG) fell again in August to the lowest level since February 2010.
While distributors are expecting a decrease in imports and inventories going forward, oversupply remains a concern, said Kurt Minnich, manager of Tulsa, Okla.-based Pipe Logix Inc.....
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