March 2019 | Welded steel tube & pipe
European linepipe producers’ margins squeezed… while Middle East pipe producers manage price increases: Latest Analysis
Higher substrate prices in the Middle East markets are bolstering linepipe offers in the region.
European linepipe producers margins squeezed... while Middle East pipe producers manage price increases
European API plate prices increased in March but linepipe prices remained unchanged, putting pressure on producers margins. Linepipe producers have little room to raise prices on their products given weak demand conditions. The few potential large pipeline projects in the region have been delayed or are unlikely to move forward quickly.
Higher substrate prices in the Middle East...
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