OCTG prices post biggest gain of 2013 in Sept.

Sep 26, 2013 | 01:41 PM | Thorsten Schier

Tags  Pipe Logix, oil country tubular goods, OCTG, tubing prices, seamless tubing, welded tubing, September, Kurt Minnich Thorsten Schier

NEW YORK — Distributor selling prices for oil country tubular goods (OCTG) posted their biggest increase of the year in September, with welded product rising for the first time since March 2012, according to the latest data from Pipe Logix LLC.

OCTG products averaged $1,673 per ton in September, up 1.1 percent from $1,655 per ton last month. Electric-resistance welded product averaged $1,532 per ton, up 1.2 percent from $1,514 per ton in August; and seamless product averaged $1,815 per ton, up 1.1 percent from $1,796 per ton in the same comparison.....





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