OCTG prices hit low, but distributors upbeat
Feb 03, 2014 | 11:40 AM
NEW YORK Oil country tubular goods (OCTG) distributors are more optimistic this year despite prices falling to multiyear lows in January.
"Industry sentiment is improving, registering 55 in January and suggesting a slightly expanding market. In particular, the pricing outlook is higher and inventory and import volumes are decreasing, although....
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