Research

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

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August 2019 | Welded steel tube & pipe


GCC LSAW mills look to capture increased market share: Middle East and North Africa Market Analysis


Prices for imported ERW linepipes in the UAE have declined by around $10/tonne over the past month, with demand remaining sluggish.

Little movement in price month-on-month
The export market for Turkish welded linepipes has been quiet over the past month with trading activity restricted by religious holidays here, and the summer holidays in the key overseas export markets. Prices for 16-20” HSAW from Marma have stayed unchanged, at the level of $860-880/tonne FOB, while 20” LSAW linepipe have remained at about $1,000/tonne fob. Mills from Iskenderun region are offering linepipes at lower rates, 20” HSAW linepipe to a grade API 5L X65 is around $800-850/tonne FOB, while X52 grade linepipes have been offered at $750-800/tonne FOB.

Prices for imported ERW linepipes in the UAE have declined by around $10/tonne over the past month, with demand remaining sluggish. For now, prices of ERW linepipe in a diameter of 8”-24” OD at an API 5L b grade from South Korea are at $750-790/tonne cfr Jebel...

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