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

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October 2019 | Seamless Steel Tube & Pipe


North American prices still retreating: Latest Analysis


Outside America prices are also under pressure. Japanese premium connection OCTG prices have fallen as much as $100/tonne month-on-month.

North American prices still retreatingSeamless OCTG and linepipe prices in the USA took another hit this month, falling $20-40/tonne from September levels. Neither operators nor distributors are looking to build inventories, unless there is an immediate need for particular tonnage. Pipe producers are understood to be looking to move material and continuing to offer ever-lower prices on shipments. We see little scope for a price reversal in...

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