Seamless margins in OCTG case ‘pretty high’: Vallourec

Feb 27, 2014 | 03:32 PM | Thorsten Schier

Tags  Vallourec, oil country tubular goods, OCTG, Philippe Crouzet, seamless, India, Thailand, Ukraine fourth quarter 2013

NEW YORK — Domestic seamless oil country tubular goods (OCTG) producers got the better end of the U.S. Commerce Department’s preliminary decision in an anti-dumping case against nine countries, although low margins on some large welded tube manufacturers are expected to pressure overall pricing in the short term, Vallourec SA chairman Philippe Crouzet said during the company’s fourth-quarter earnings conference call.....

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