OCTG imports from South Korea jump

Dec 02, 2013 | 09:25 AM | Thorsten Schier

Tags  oil country tubular goods, OCTG, trade complaint, OCTG imports, line pipe, thorsten schier

NEW YORK — U.S. imports of oil country tubular goods (OCTG) from South Korea rose in October to their highest level this year, according to preliminary figures from the Commerce Department’s Enforcement and Compliance division, despite a trade complaint filed in July.

OCTG shipments from Korea were put at 118,849 tonnes in October, up 18.4 percent from 100,350 tonnes the previous month and 32.5 percent higher than a year ago, with average prices falling to $877 per tonne from $909 in the month-on-month comparison.....

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