OCTG, line pipe prices slip; demand stalled

摘要

Prices for oil country tubular goods (OCTG) and electricresistance welded (ERW) line pipe mostly moved lower in the United States in May, due to stalled demand in the oil and gas market. “Demand is not good, and the prices [for line pipe] will not increase anytime soon,” one producer said about the challenged market, citing economic impacts of the Covid-19 pandemic.