June 2020

EUROPE SECTIONS: Trading volumes reduced by public holidays

Prices for hollow steel sections in Europe were unchanged this week due to various public holidays reducing the amount of trading activity, sources told Fastmarkets on Wednesday June 3.

TRADE CASE MONITOR: Around the world's steel markets in May 2020

With competition in the global steel markets remaining fierce, Fastmarkets provides an update on the new, progressing and closed trade cases from around the world in May 2020.

US OCTG, line pipe markets suffer as oil companies cut back

Large oil companies' plans to cut back on spending and oil barrels will result in major market consolidation, more downward pressure on prices for oil country tubular goods (OCTG) and line pipe products and an oversupply of material, according to industry participants.