There is much to talk about in theOCTG world these days and we’ll start with ourforecast revision. As you can see from thetable above, we’ve upped our 2017 forecast byabout a million tons. This is primarily due totwo factors. First, the rig count has grownfaster than we expected it to. Second,changes in well structures, fracking, thenumber of wells per pad and a host of othertechnologies are rapidly increasing the amountof pipe each rig can bury in a given period oftime.
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