Research

Forecasts and market analysis based on price assessments from Fastmarkets MB and Fastmarkets AMM

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April 2014 | Seamless Steel Tube & Pipe


Is the Saudi market overstocked?: Latest Analysis


While the North Sea OCTG market remained immune to the price drag of competitive Chinese material, the Russian market is not.


Prices remain competitive in the MENA markets. With import data now finalised for 2013, MBR notes that there was a steep rise in the deliveries of seamless OCTG into the Kingdom 0f Saudi Arabia (KSA) market in 2013. Estimated apparent consumption in 2013 stood at around 580kt, compared to 302kt in 2012. Concern now arises...

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