Drilling's Up, But Line Pipe Lags OCTG

Pinkham, Myra
September 2010
Metal Center News;Sep2010, Vol. 50 Issue 10, p34
Trade Publication
The article reports that the demand for oil country tubular goods (OCTG) is up as drilling activity has a 90 percent increase in 2010 but the line pipe segment is expected to have less growth in the U.S. Christopher Plummer of Metal Strategies Inc. has forecasted 1.145 million tons of domestic shipments for OCTG products. Paul Vivian of the company Preston Pipe Report cautions that downward pressure on prices might result from the increase in OCTG imports.


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