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

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January 2020 | Seamless Steel Tube & Pipe


Seamless pricing to rise on raw materials costs: Latest Analysis


European inventories of seamless linepipe and OCTG were built up in the second half of 2019, suggesting little chance for an immediate uptick in prices.

Seamless pricing to rise on raw materials costs... Seamless OCTG pricing across the global markets has not yet increased in response to higher costs from scrap and raw materials increases which picked up pace in the fourth quarter of 2019, thus tightening margins. We expect seamless producers in most regions to push through price increases...

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