Research

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

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November 2019 | Welded steel tube & pipe


Clad pipe projects start to be awarded: Middle East and North Africa Market Analysis


Since September, we understand that the clad pipe proportion of Mamba in Mozambique has now been awarded to a European mill.

Prices remain stable in the spot market
The price of linepipes imported into the UAE from South Korea have remained unchanged over the past month as demand is still low in the spot market. Import prices of 8”-24” ERW linepipes from South Korea are at around $740-780/tonne cfr, while prices of 26”-30” SSAW linepipes are at $930-960/tonne cfr for API 5L grade B material. Domestic GCC prices for ERW linepipes have also stayed mostly flat month on month and are at the level of $770-790/tonne for X42 grades and $880-900/tonne for X65 grade. We understand that HSAW linepipe of grade X65 are quoted at prices $870-900/tonne in the Middle Eastern region.

Major clad pipe projects start to move...

In the September edition of this publication we discussed in depth the potential tightening of the supply of clad pipe (metallurgically...

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