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

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April 2019 | Welded steel tube & pipe


US linepipe/OCTG prices under pressure: Latest Analysis


Away from the US, strong oil prices coupled with rising demand in some countries for gas, is resulting in offshore linepipe projects progressing.

US linepipe/OCTG prices under pressure
An interesting trend is emerging in the USA, despite the strength of oil prices, US OCTG and linepipe prices are under pressure. Operators here are cutting costs, resulting in lower drilling rates which is also knocking through to ERW linepipe demand.

Offshore linepipe projects in Australia and West Africa progress...

Away from the US, strong oil prices coupled with rising demand...

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