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 braved this muddy matter with the hope of rising above the perils of prediction. Our U.S. OCTG Mill Supply Forecast comes with the following set of assumptions for 2017: a) WTI averages $50 - $60/BBL; averages over or under this range will