RESEARCH: Key takeaways from the latest Seamless OCTG and Linepipe Market Tracker

The latest forecasts from Fastmarkets’ team of analysts are ready to view.

Falling demand, cheaper imports to put pressure on US domestic prices

Prices at the start of May were essentially unchanged from April in the seamless OCTG and linepipe markets in the United States, amid minimal market activity. Mills were cutting output rather than prices. Demand, however, was deteriorating faster than supply because drilling activity was falling steeply, and we have yet to see the end of the decline in rig count. Import offers were coming in at...

Published

Kimberly Leppold

Paolo Frediani

Una Yin

May 15, 2020

19:15 GMT

London