The price of seamless steel pipes has always been subject to fluctuations due to various factors such as supply and demand, raw Material costs, and market conditions. For businesses and individuals involved in the steel industry, it is crucial to stay updated on these trends to make informed decisions. In this article, we will analyze the price trends of 3-year seamless steel pipes to provide you with valuable insights.
Over the past three years, the price of seamless steel pipes has experienced both highs and lows. In 2018, the market witnessed a significant increase in prices due to a surge in demand from various industries such as Oil and gas, construction, and automotive. This increased demand, coupled with limited supply, led to a sharp rise in prices. Many factors contributed to this surge, including infrastructure projects, increased oil exploration activities, and a growing global economy.
OD (mm)
Wall Thickness (mm)
2
2.5
3
3.5
4
4.5
5
6
6.5-7
7.5-8
8.5-9
9.5-10
11
12
Φ25-Φ28
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Φ32
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Φ34-Φ36
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Φ38
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Φ40
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Φ42
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Φ45
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●
Φ48-Φ60
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●
●
●
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Φ63.5
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●
●
●
●
●
●
Φ68-Φ73
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Φ76
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Φ80
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Φ83
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Φ89
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Φ95
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Φ102
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Φ108
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Φ114
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Φ121
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Φ127
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Φ133
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Φ140
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Φ146
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Φ152
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Φ159
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Φ168
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However, the upward trend did not continue indefinitely. In 2019, the market experienced a downturn, and the prices of seamless steel pipes started to decline. This decline can be attributed to several factors. Firstly, the trade tensions between major economies, such as the United States and China, had a significant impact on the steel industry. The imposition of tariffs and trade restrictions led to a decrease in demand for steel products, including seamless steel pipes. Additionally, the slowdown in global economic growth also played a role in the decline of prices.
API 5CT L80casingTubingRange Lengths
Range 1
Range 2
Range 3
CASING (PE/T and C/SF)
Total range Length, inclusive Permissible variation, max a
4.88 to 7.62 1.83
7.62 to 10.36
10.36 to 14.63 1.83
1.52
TUBING AND CASING USED AS TUBING
(PE/T and C/SF)
Total range length, inclusive Permissible variation, max a
6.10 to 7.32 b
8.53 to 9.75 c
11.58 to 12.80 d
0.61
0.61
0.61
INTEGRAL TUBING CONNECTIONS (including IJ/PE
and IJ/SF)
Total range length, inclusive Permissible variation, max a
6.10 to 7.92 e
8.53 to 10.36
11.58 to 13.72 0.61
0.61
0.61
PUP JOINTS
Lengths: 0.61; 0.91; 1.22; 1.83; 2.44; 3.05 and 3.66 e
Tolerance: ±0.076
a Length variation applies to rail car shipment to the point of use and does not apply to order items of less than 18,144 kg of pipe.
b By agreement between purchaser and manufacturer, the maximum length may be increased to 8.57 m.
c By agreement between purchaser and manufacturer, the maximum length may be increased to 10.76 m.
d By agreement between purchaser and manufacturer, the maximum length may be increased to 17.72 m.0.61 m pup joints may be furnished up to 0.91 m long by agreement between purchaser and manufacturer, and lengths other than those listed may be furnished by agreement between purchaser and manufacturer.
The year 2020 brought unprecedented challenges in the form of the COVID-19 pandemic. The pandemic disrupted global supply chains, halted construction projects, and caused a decline in oil and gas activities. As a result, the demand for seamless steel pipes plummeted, leading to a further decrease in prices. The pandemic also caused a decrease in raw material costs, such as iron ore and coal, which contributed to the decline in prices.
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It is important to note that while analyzing the price trends of seamless steel pipes, it is essential to consider the global market conditions and geopolitical factors. Trade policies, political stability, and technological advancements can all influence the prices of steel products. Therefore, it is advisable to stay updated
Labels a
Calculated Mass c
Nominal Linear Mass T& C b,c
Wall Thick- ness
em, Mass Gain or Loss Due to End Finishing d
Outside Diameter
Inside Diameter
Drift Diameter
Plain- end
kg
Round Thread
Buttress Thread
wpe
D
kg/m
t
D
mm
kg/m
Short
Long
RC
SCC
mm
mm
mm
1
2
3
4
5
6
7
8
9
10
11
12
8 5/8
24
219.08
35.72
6.71
205.66
202.48
35.14
10.93
—
—
—
8 5/8
28
219.08
41.67
7.72
203.64
200.46
40.24
10.07
— 12.44
— 12.57
— 2.51
8 5/8
32
219.08
47.62
8.94
201.2
200.02 e 198.02 195.58
46.33
9.39
12.44
12.57
2.51
8 5/8
32
219.08
47.62
8.94
201.2
193.68 e
46.33
9.39
11.6
11.68
1.62
8 5/8
36
219.08
53.57
10.16
198.76
193.04
52.35
8.72
10.73
10.77
0.71
8 5/8
40
219.08
59.53
11.43
196.22
190.5
58.53
—
10.73
10.77
0.71
8 5/8
40
219.08
59.53
11.43
196.22
187.6
58.53
—
9.88
9.87
–0.20
8 5/8
44
219.08
65.48
12.7
193.68
64.64
—
8.88
8.85
–1.21
8 5/8
49
219.08
72.92
14.15
190.78
71.51
—
9 5/8
32.3
244.48
48.07
7.92
228.6
224.66
46.2
11
— 14.48
— 13.87
— 2.74
9 5/8
36
244.48
53.57
8.94
226.6
222.63
51.93
10.36
13.59
12.97
1.84
9 5/8
40
244.48
59.53
10.03
224.4
222.25 e 220.45 218.41 218.41 216.54 216.54
57.99
9.69
13.59
12.97
1.84
9 5/8
40
244.48
59.53
10.03
224.4
215.90 e
57.99
9.69
12.78
12.15
1.01
9 5/8
43.5
244.48
64.74
11.05
222.4
215.90 e 212.83 212.83
63.61
—
12.84 f
12.15
1.01
9 5/8
43.5
244.48
64.74
11.05
222.4
212.72 e
63.61
—
12.03
11.39
0.25
9 5/8
47
244.48
69.94
11.99
220.5
212.72 e 210.29 210.29 209.58 206.38 203.23 200.02
It is important to note that while analyzing the price trends of seamless steel pipes, it is essential to consider the global market conditions and geopolitical factors. Trade policies, political stability, and technological advancements can all influence the prices of steel products. Therefore, it is advisable to stay updated
