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NEW YORK The number of drill rigs running in the United States tumbled by 29 last week, led by Louisiana (down nine), Texas (down seven) and Oklahoma (down six), while Canadian drilling activity fell by 23 rigs compared with the previous week.
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Every month American Metal Market takes a statistical look inside the marketplace.
We recognize that it takes time to learn to make good, quality steel. And we’re not underestimating the need to do that and do it right.
--Mark Bula, Big River Steel