OCTG prices hit year-to-date high

Mar 27, 2014 | 09:44 AM | Thorsten Schier

Tags  Pipe Logix, oil country tubular goods, OCTG, seamless K55 production casing, Kurt Minnich, seamless N80 tubing, electric-resistance welded, ERW OCTG prices

NEW YORK — Oil country tubular goods (OCTG) prices rose in March to the highest levels this year despite market sentiment remaining flat since February.

“Overall market sentiment is relatively unchanged, with the OCTG distributors’ index at 48,” Kurt Minnich, manager of Tulsa, Okla.-based Pipe Logix LLC, said in a statement. “New orders have improved, but inventory continues to be a....

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