Distributor sentiment on OCTG builds further

Dec 24, 2013 | 12:51 PM | Thorsten Schier

Tags  Pipe Logix, OCTG, oil country tubular goods, steel prices, seamless tubing, welded tubing, seamless N80 production casing, seamless N80 tubing Kurt Minnich

NEW YORK — Distributor sentiment on oil country tubular goods (OCTG) rose further in December despite another slight drop in overall selling prices.

"The industry sentiment is improving with the index increasing to 54, suggesting a slightly expanding market and returning to the sentiment levels measured in late summer," Pipe Logix LLC manager Kurt Minnich said.....

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