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04 June 2010
The US government’s moratorium on offshore drilling is unlikely in itself to spell disaster for US OCTG demand. It is merely the latest, and perhaps least important, of a number of factors that will keep OCTG prices subdued in coming months.
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25 May 2010
Recently established in Saudi Arabia, the seamless pipe producer is on the verge of despatching its first shipments of OCTG to buyers in the USA. Deliveries to buyers in the Middle East will also be made during the third quarter.
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18 May 2010
Chinese mills have managed to push up their export prices on energy and non-energy pipe month-on-month.
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18 May 2010
We have been saying for some time that the outlook for seamless pipe will improve during the second half of the year.
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18 May 2010
Domestic western European standard seamless has pushed through €1,000/tonne ex-works in May, despite demand that is widely characterised as weak.
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18 May 2010
Henry Hub spot gas prices have proven to be more resilient and are now at a comfortable $4.28/mmBtu.
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18 May 2010
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18 May 2010
Despite low gas prices, shale gas exploration continues to attract significant investment, despite the relative complexity
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18 May 2010
Chinese OCTG maker TPCO is about to begin construction of a $1billion seamless pipe plant in Texas with the aim to produce 500,000 tonnes of material a year.