OCTG sentiment wanes as prices sag to 37-month low

Feb 27, 2014 | 02:06 PM | Thorsten Schier

Tags  Pipe Logix, OCTG, production casing, Kurt Minnich, seamless tubing, ERW, OCTG prices, Thorsten Schier

NEW YORK — Oil country tubular goods (OCTG) distributor sentiment fell in February compared with the previous month as prices slid to a 37-month low.

"Key changes within the index include an outlook for lower pricing and oversupplied volumes in the near term," Kurt Minnich, manager of Tulsa, Okla.-based Pipe Logix LLC, said in a statement.....

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