US producers push OCTG prices higher

Sep 06, 2013 | 04:06 PM | Michael Cowden

Tags  oil country tubular goods, OCTG, line pipe, price increase, U.S. Steel, Boomerang Tube, Evraz, Borussan Mannesmann welded tubing

CHICAGO — The oil country tubular goods (OCTG) market is facing higher prices, with several major domestic producers announcing price increases of $100 per ton.

The price hikes come after a trade complaint was filed by domestic producers in early July against OCTG producers in nine nations.

While some market sources said at the time of the filing that the impact on the market could be delayed, others anticipated an immediate impact, with prices firming up (amm.com, July 2).....





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