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NEW YORK The number of drill rigs running in the United States fell by 12 last week, dragged down by a 17-rig decline in Texas, while Canadian drilling activity jumped by 32 rigs compared with the previous week.
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Every month American Metal Market takes a statistical look inside the marketplace.
June 20-21, 2013
Our industry and the U.S. economy are not realizing the full benefits of (higher steel demand) due to recent significant surges of imported tubular products.
--Mario Longhi, U.S. Steel