January 2021

RESEARCH: Costs drive welded linepipe, OCTG price surge

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

US line pipe, OCTG prices keep climbing

Prices for certain electric-resistance welded (ERW) line pipe and oil country tubular goods (OCTG) in the United States rose again in January on record-high hot-rolled coil costs and despite subdued demand, according to market participants.

EUROPE SECTIONS: Prices rise but materials costs start to fall

Prices for steel hollow sections in Europe moved upward this week, even as feedstock costs begin to fall, sources told Fastmarkets on Wednesday January 27.

US structural tubing prices up again after latest mill hike

Prices for hollow structural sections (HSS) in the United States climbed again this week following the full acceptance of the latest round of mill price hikes, according to market participants.

EUROPE SECTIONS: Market steady; imports take pressure off mills

Prices for steel hollow sections in Europe remained unchanged this week following a recent deluge of imports, which re-filled stocks for some market participants and took pressure off domestic mills, sources told Fastmarkets on Wednesday January 20.

EUROPE SECTIONS: Prices keep moving upward on feedstock limitations

Prices for steel hollow sections in Europe have moved upward on continued pressure from the price and availability of feedstock materials, sources told Fastmarkets on Wednesday January 13.

TURKEY STEEL PIPE EXPORTS: Prices up again on rising material costs, firm demand

Turkish steel pipe export prices have continued to increase on rising raw material costs, sources said on Wednesday January 13.

EUROPE SECTIONS: Market quiet on post-holiday lull

The prices for steel hollow sections in Europe have remained unchanged over the past week, with many market participants still on their Christmas and New Year holidays, sources told Fastmarkets on Wednesday January 6.

EUROPE BEAMS: Market braces for sharp post-holidays price increase

The price of steel H-beams in Europe has already gone up this week, ahead of mills returning to the market after the New Year holiday break, with further large increases expected, sources told Fastmarkets on Wednesday January 6.