OCTG prices hit low, but distributors upbeat

Feb 03, 2014 | 11:40 AM |

Tags  OCTG, oil country tubular goods, price changes, Pipe Logix, Kurt Minnich, seamless tubing, seamless casing, ERW Thorsten Schier

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....





Latest Pricing Trends

Poll

Is severe weather affecting your business?

Yes
No


View previous results