Oil rig count climbs for 4th straight week

August 15, 2015 4:34 AM

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A good portion of these products come from hot rolled coil or plate substrate, and are reasons for both the short lead times on hot rolled and plate at North American steel producers and the falling steel prices we have seen going back to mid-2014.

The oilfield providers provider assures the rig counts are “an necessary enterprise barometer for the drilling business and its suppliers”.

Also read: Even with drought, a California river will begin flowing year-round for the first time in 60 years

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