Industry Analysis & Industry Trends
The Metal Pipe and Tube Manufacturing industry's performance is tightly correlated with the highly volatile world price of steel. As steel prices plummeted during the recession and subsequently skyrocketed, so too has revenue for industry operators. In the coming years, demand for metal pipes and tubes is expected to increase as rising oil and gas prices cause downstream buyers to boost production, increasing the need for industry products. Additionally, sustained growth in automobile manufacturing will increase demand for metal pipes and tubes... purchase to read more
Industry Report - Industry Products Chapter
Energy-sector seamless and welded pipes and tubes
There are two primary methods used to produce seamless tubular products, including rotary piercing and rolling and extrusion. According to the Stainless Steel Tube Trade Advancement Committee, rotary piercing and tubing is used to produce the majority of seamless tubular products. In this method, a hollow billet is formed when a steel round is heated and pierced. This billet is then elongated by a roller and then sized by further rolling until the steel tube reaches its desired size.
Energy-sector seamless pipes and tubes are estimated to account for 43.5% of total industry revenue in 2014. The oil and gas sector primarily uses seamless steel pipe products, especially for high pressure applications... purchase to read more