February 2021

Tenaris sees improving demand, price upside for energy tubular goods

Pipe producer Tenaris expects the market for energy tubular products to improve this year, with an increase in oil prices stimulating investments in the sector.

EUROPE SECTIONS: Mills mulling new round of price rises

Prices for steel hollow sections in Europe were unchanged over the past week, but mills were said to be considering a round of increases, sources told Fastmarkets on Wednesday February 24.

RESEARCH: Seamless OCTG, linepipe prices static in China but rise elsewhere

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

EUROPE SECTIONS: Prices up as feedstock tightness continues

Prices for steel hollow sections in Europe have moved up this week but with feedstock tightness remaining an issue, market sources told Fastmarkets on Wednesday February 17.

EU steel consumption set to recover in 2021, Eurofer says

Demand for steel in the European Union is expected to rebound by 13.3% year on year in 2021 after a 13% slump in 2020, the European steel association Eurofer said this week.

US standard pipe, mechanical tube prices hit record highs

Prices for domestic and imported standard pipe and mechanical tubing in the United States hit record highs across the board this month, mostly due to rising substrate costs, sources told Fastmarkets.

EUROPE SECTIONS: Trading activity remains slow in dull market

Prices for steel hollow sections in Europe remained steady this week in a dull trading environment, sources told Fastmarkets on Wednesday February 10.

TURKEY STEEL PIPE EXPORTS: Prices dip on falling raw materials costs

Turkish steel pipe export prices fell slightly over the past month after a downward correction in the cost of pipemaking raw materials, sources told Fastmarkets on Wednesday February 10.

US structural tubing price flat, market questions latest mill increase

Prices for hollow structural sections (HSS) in the Untied States stabilized this week with sources divided on whether the latest round of mill price increases will be accepted.

EUROPE SECTIONS: Market steady as feedstock costs level out

Prices for steel hollow sections in Europe remained unchanged this week after feedstock prices begin to plateau following a period of upward movement, sources told Fastmarkets on Wednesday February 3.