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API Pipe - The 5 Year Outlook
Market Forecasts

API Pipe - The 5 Year Outlook
API Pipe - The 5 Year Outlook
Dec 2008 Issue
The End of the Boom?

After a steady expansion in demand over the last ten years, the API steel pipe market is ready for a reverse. Oil prices have collapsed from their peak, thereby reducing the incentive to drill for hydrocarbons, while a global tightness of credit threatens to impede the flow of project financing needed for the construction of major new pipelines.

API Steel Pipe Five Year Outlook


The Five Year Outlook for API Steel Pipe
is the essential annual study from CRU which examines supply and demand of the API steel pipe market, by country and region, forecast through to 2013.

 

Understand the future

While firm demand for oil and gas may have pushed energy prices to record levels earlier in 2008, the story has been somewhat different more recently. In line with the experiences of other commodity markets, weakening economic activity around the world has, since the middle of the year, led to a sharp slowdown in the demand for oil and gas, and in turn to a sharp decline in energy prices. But how will such a turnaround impact the markets for OCTG and line pipe? 

 

The Five Year Outlook for API Steel Pipe provides unrivalled analysis and insight, and addresses other key questions facing the industry:

 

  • What are the longer term prospects for API steel pipe markets?
  • What will be the impact of China rapidly expanding its capacity to produce API steel?
  • How will the recent collapse in steel prices - and the subsequent expected recovery - impact producers of API steel pipe? 

Comprehensive global review

CRU has analysed the consumption and production outlook through to 2013, with separate forecasts for the following products:

 

  • Seamless OCTG
  • Welded OCTG
  • Seamless line pipe
  • ERW line pipe
  • Longitudinally submerged-arc welded (LSAW) line pipe
  • Spiral submerged arc-welded (SSAW) line pipe
  • Merchant coil feedstock for API Steel pipe
  • Merchant discrete plate feedstock for API Steel pipe
  • Merchant billet feedstock for API pipe steel

This independent study also forecasts OCTG and line pipe prices, with reference to key published price benchmarks and customs trade data, giving you an international view of the future market.

Contact
For more information, please contact:

Richard Pell
Steel Sales Manager
tel: +44 20 7903 2166

email: richard.pell@crugroup.com

API Pipe - The 5 Year Outlook







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