August 2020

Mexico to monitor steel pipe exports to US

Following consultations between Mexico and the United States, the southern country will establish an export monitoring program for shipments of standard pipe, mechanical tubing and semi-finished products to the US.

UAE’s Conares Steel to invest in tube and pipe mill in Dubai

The United Arab Emirates’ Conares Steel will build a tube and pipe mill in Dubai, chief executive officer Bharat Bhatia announced on Monday, August 31.

US structural tubing price up; market weighs tube mill price increases

Prices for hollow structural sections (HSS) in the United States have increased for the first time following six weeks of declines, while market participants weighed the timing and cost of recently announced price increases from tube mills.

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

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

EUROPE SECTIONS: Market begins to rise as feedstock costs jump

The price of hollow steel sections in Northern Europe has inched upward following a jump in feedstock costs, with the market slowly returning to work after the summer holiday period, sources told Fastmarkets on Wednesday August 26.

RESEARCH: Key takeaways from the latest Seamless OCTG and Linepipe market tracker

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

EUROPE SECTIONS: Expected price rise yet to materialise as summer lull runs on

The price of hollow steel sections in Europe has remained stable over the past week despite previous expectations of an increase, with the slow summer activity precluding any changes, sources told Fastmarkets on Wednesday August 19.

US structural tubing market eyes discounts, further price drops

Prices for hollow structural sections (HSS) in the United States fell for the fifth week in a row on Thursday August 13, while sources indicated that discounts were available for large-tonnage deals and predicted that prices would decline further this month.

US standard pipe prices steady; mechanical pipe falls

Domestic standard pipe prices in the United States were unchanged, while some import prices ticked up and mechanical tubing prices decreased in August.

US structural tubing price slides on soft demand

Weakening end-market demand has further eroded spot prices for hollow structural sections (HSS) in the United States, market participants said, adding that further declines may be in store.