Category Archives: OCTG Imports

fOiled Again: Section 232’s Catch-22 for OCTG

Every June we take the temperature of the oil patch and judging by the tone of our many conversations this month we’d say, without exception, full ‘June’ fever has taken hold in the form of the Section 232 (aka Section … Continue reading

Posted in 2017 E&P Budgets, OCTG, OCTG Consumption & Pricing, OCTG Forecast 2017, OCTG Imports, OCTG inventories, OCTG Mills, OCTG Pricing, OCTG Processors, OCTG Producers, OCTG Spot Prices, OCTG Trade Case, Oil & Gas Industry, Oil Patch, Oil Prices, Prime Pipe, Seamless Pipe, Section 232, steel industry, Tubular Goods, upstream OCTG | Tagged , , , , , , , , , , , , , , , | Leave a comment

OCTG ‘Crude’ for Thought 

As May is historically a light news month and the first four months of this year have been unusually  weighty, we thought it might be prudent to review just how far the OCTG sector has come over the past year. … Continue reading

Posted in E&P, E&P spending, Energy, ERW Pipe, Hot Rolled Coil, HRC, Inventory, OCTG, OCTG Consumption & Pricing, OCTG domestic shipments, OCTG Exports, OCTG Imports, OCTG inventories, OCTG Mills, OCTG Pricing, OCTG Spot Prices, Oil & Gas Industry, Oil Country Tublular Goods, Oil Patch, Oil Services & Equipment, Prime Pipe, Seamless Pipe | Tagged , , , , , , , | Leave a comment

Following The 1Q17 OCTG Inventory Audit Trail

It’s that taxing time of year when readers of The OCTG Situation Report count on us to roll up our sleeves and crunch the numbers in preparation for our exclusive Inventory Quarterly. Our analysis, derived from our yard survey of … Continue reading

Posted in Department of Commerce, E&P, E&P spending, ERW Pipe, First Quarter, Hot Rolled Coil, HRC, Inventory, OCTG, OCTG Exports, OCTG Imports, OCTG Inventory Survey, OCTG Mills, OCTG Pricing, OCTG Processors, OCTG Producers, OCTG Spot Prices, Oil & Gas Industry, Oil Country Tublular Goods, Oil Patch, Permian Basin, Q1, Seamless Pipe, Shale, Shale Plays, steel industry, Steel Trade Case, Tubular Goods, U.S. HRC Spot Price, upstream OCTG | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

2017 U.S. OCTG Mill Supply Forecast: The Million ‘Tubes’ March

The quote, “Prediction is very hard, especially about the future” captures the essence of the responses we received to our request for domestic OCTG mills supply forecasts in a year where uncertainty seems to be the only certainty. Thus, we … Continue reading

Posted in E&P, Energy, ERW Pipe, OCTG, OCTG Consumption, OCTG domestic shipments, OCTG Imports, OCTG Mills, OCTG Trade Case, oil country tubular goods, Oil Patch, Oil Services & Equipment, Onshore, Seamless Pipe | Tagged , , , , , , , , , , , , , , , , | 2 Comments

OCTG 4Q16 Inventory: Is the Yard Half Empty or Half Full?

The past 26 months in the oil patch have run our industry through the mill, so the glimmer of light we see at the end of the tunnel sets the tone for a decidedly happier new year. Each January (and … Continue reading

Posted in 2017 E&P Budgets, E&P, E&P spending, Energy, Hot Rolled Coil, HRC, Inventory, OCTG, OCTG CAPEX, OCTG Imports, OCTG inventories, OCTG Inventory Survey, OCTG Mills, OCTG Pricing, OCTG Processors, OCTG Producers, Oil & Gas Industry, Oil Country Tublular Goods, Oil Patch, Oil Services & Equipment, Onshore, Q4, Tubular Goods, upstream OCTG | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

3Q16 Inventory: Cracking the Case of the Absent OCTG Tonnages

“It is a capital mistake to theorize before one has data,” ~Sherlock Holmes. Holmes clearly understood that having data to back up one’s conclusions is paramount and our quarterly OCTG inventory yard survey is further proof of this fact. This … Continue reading

Posted in DUCs, E&P, E&P spending, Energy, ERW Pipe, Hot Rolled Coil, HRC, Inventory, OCTG, OCTG CAPEX, OCTG Consumption, OCTG Imports, OCTG inventories, OCTG Inventory Survey, OCTG Mills, OCTG Pricing, OCTG Processors, OCTG Producers, OCTG Spot Prices, Oil & Gas Industry, Oil Country Tublular Goods, Oil Patch, Onshore, Prime Pipe, Q3, Seamless Pipe, steel industry, Trade Case, Tubular Goods, U.S. HRC Spot Price, upstream OCTG | Tagged , , , , , , , , , , , | Leave a comment

Will OCTG Prove Its ‘Metal’ in 2016?

It’s medal mania all over again as we bask in the afterglow of the 2016 Rio Olympic Games. And it’s “metal” mania here in the OCTG Situation Room as we dig into the various drivers that impact oil country tubular … Continue reading

Posted in 2016 E&P Budgets, Crude Oil Prices, Department of Commerce, E&P, E&P spending, Energy, Hot Rolled Coil, HRC, OCTG, OCTG Imports, OCTG Mills, OCTG Pricing, OCTG Spot Prices, Permian Basin, U.S. HRC Spot Price | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment