Global Small Diameter Linepipe Market

Transcription

1 l How has the global small diameter (up to 24 OD) linepipe market responded to volatile demand conditions? How has the market responded to dropping oil prices? l As the market becomes more regionalised, how do global suppliers compete? l As sour gas drilling intensifies, how is demand for clad and lined pipes likely to develop? The Five Year Strategic Outlook for the Global Small Diameter Linepipe Market ERW Seamless Lined Clad Linepipe Brand new for 2015

2 The Five Year Strategic Outlook for the Global Small Diameter Linepipe Market What strategies can producers adopt to remain competitive in the market? Are there opportunities to diversify product portfolios to cater to sour gas markets? Is there room for further capacity and if so, where? For the first time, MBR provides an in-depth analysis of the global small-diameter steel linepipe market. This unique study examines regional trends, pricing pressure, how the market is currently responding to volatile conditions, and how it will continue to do so with a five year outlook. The study investigates how, as drilling increasingly moves to corrosive sour environments, this will impact on the grades of ERW, seamless and clad and lined pipe being used moving forwards. Furthermore, as shale drilling becomes more common, placing greater demand on larger diameters of ERW linepipe, how will this impact on the types of small-diameter linepipe being requested? This study will also investigate the capacity for smalldiameter pipe making globally. In particular many of the Asian countries, noticeably China and South Korea, have seen a rapid build-up in capacity for linepipe making. This has now coincided with a downturn in oil prices, which has hit OCTG demand heavily. Will small-diameter linepipe also struggle in this market environment and how does the global market respond to this excess production and price pressure? As demand falls, MBR s Five Year Strategic Outlook for the Global Small Diameter Linepipe Market examines how quickly we believe this industry will recover and what the implications will be on pricing going forward in this environment

3 Seamless linepipe prices ($/tonne) Global ERW linepipe prices ($/tonne) 2,000 1,800 1,600 US API 5LB linepipe E. Europe API 5LB linepipe W. Europe 5LB linepipe China API 5LB linepipe Forecast 1,600 1,400 1,200 US ERW linepipe X42 ex-mill Japan ERW X42 export China ERW linepipe grade b export Forecast 1,400 1,200 1,000 1, Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q Q MBR is an indispensable resource for our company s intelligence gathering activities around regional OCTG and Linepipe markets. Its in-depth coverage on market forces impacting supply and demand helps us grasp the rationale behind the numbers and equips [us] with valuable and actionable insights. Anastacio Baleva, Conocophilips Key areas this study will provide include: l The global/regional small diameter linepipe market size a detailed picture of the market size, and major trade flows. Based on forecast changes to capacity, production, consumption and trade, it provides a detailed view on how the market is realistically likely to develop and change over the next five years l Breakdown of ERW, seamless, clad and lined pipe for each major country and region and analysis of future output by type l Includes a comprehensive ERW, seamless, clad and lined pipe capacity/production database including major company, size and product size range l Historical and forecast regional product pricing MBR examines and analyses key ERW, seamless, clad and lined pipe prices. MBR will also provide an analysis of underlying HR coil and billet markets and their price forecasts out for the next five years, allowing for an analysis of expected margins

4 The latest MBR reports provide us with unique, quality and detailed information regarding global OCTG and linepipe markets. I would highly recommend these reports!. Dmitry Svezhenets, Head of the International Marketing Department, TMK Russia Product Coverage: l ERW linepipe (API 5L grade b through to X80) from 0-24 diameter l Seamless linepipe (API 5L grade b through to X80) from 0-24 diameter l CRA clad pipes full diameter range l CRA lined pipes full diameter range l Overview of leading clad plate producers Please call +44 (0) or info@metalbulletinresearch to request complimentary sample pages

5 Table of contents Executive Summary Overview of the small-diameter markets and linepipe technology Part 1: Carbon ERW and Seamless linepipe 1: NAFTA 1.1 General market overview Regional small-diameter pipe capacities 1.2 Regional demand and supply Trade Local supply and consumption 1.3 Market outlook Market demand and supply 2: South America 2.1 General market overview Regional small-diameter pipe capacities 2.2 Regional demand and supply Trade Local supply and consumption 2.3 Market outlook Market demand and supply 3: EU General market overview Regional small-diameter pipe capacities 3.2 Regional demand and supply Trade Local supply and consumption 3.3 Market outlook Market demand and supply 4: CIS 4.1 General market overview Regional small-diameter pipe capacities 4.2 Regional demand and supply Trade Local supply and consumption 4.3 Market outlook Market demand and supply 5: Middle East 5.1 General market overview Regional small-diameter pipe capacities 5.2 Regional demand and supply Trade Local supply and consumption 5.3 Market outlook Market demand and supply 6: Africa 6.1 General market overview Regional small-diameter pipe capacities 6.2 Regional demand and supply Trade Local supply and consumption 6.3 Market outlook Market demand and supply 7: China 7.1 General market overview Regional small-diameter pipe capacities 7.2 Regional demand and supply Trade Local supply and consumption 7.3 Market outlook Market demand and supply 8: Other Asia 8.1 General market overview Regional small-diameter pipe capacities 8.2 Regional demand and supply Trade Local supply and consumption 8.3 Market outlook Market demand and supply Part 2: Clad and Lined pipe 9: Clad and Lined Pipe 9.1 Clad and Lined Pipe technology Applications for clad and lined pipe 9.2 General market overview Overview of leading clad and lined pipe manufacturers Regional clad and lined pipe capacities 9.3 Global demand and supply Trade Consumption by region 9.4 Market outlook Forecast for demand and supply Part 3: Pricing & Cost Analysis 10: Industry Trends 10.1 Seamless vs ERW vs Clad/Lined pipe 10.2 The development of the offshore market 10.3 API coil and merchant billet supply 11: Pricing 11.1 HRC coil pricing API premiums 11.2 Billet pricing 11.3 Clad and lined pipe pricing 11.4 Price forecasts ERW Seamless Clad and lined pipe 12: Cost Analysis 12.1 Methodology Total small-diameter pipe costs Operating conversion costs Conclusions Appendix: Small-diameter tube and pipe mill profiles

6 Meet the analysts Dr James Ley Principal Consultant, London James joined MBR to run the group s steel tube and pipe practice in October 2013 bringing with him thirteen years experience of the global steel industry. Kimberly Leppold Senior Metals Analyst, US Kimberly is a Senior Metals Analyst for Metal Bulletin Research and editor of the tube and pipe trackers. Roman Filimonov Consultant, London Roman has fourteen years of experience in the global steel and energy industries. He has regularly been involved in worldwide tube and pipe market strategy projects. Five easy ways to order Call: +44 (0) Fax this form to: +44 (0) info@metalbulletinresearch.com Online: Mail this form to: Metal Bulletin Research Special Reports, TDS, Pegasus Drive, Stratton Business Park, Biggleswade, Bedfordshire SG18 8TQ, UK Complete and send the form below to purchase the report or request more information What s included? 4 Hard copy 4 Electronic copy 4 Excel data 4 Access to the analysts Yes I would like to order: The Five Year Strategic Outlook for the Global Small Diameter Linepipe Market Please tick: 9,300 $15,750 12,500 Please contact me with more information on this report Personal details Name Company Job Title Country Telephone SUBMIT FORM DATA PROTECTION NOTICE Use of your information The information you provide on this form will be used by Euromoney Institutional Investor PLC and its group companies ( we or us ) to process your order and/or deliver relevant products/services and content. We may also monitor your use of our website(s), including information you post and actions you take, to improve our services to you and track compliance with our terms of use. Except to the extent you indicate your objection below, we may also use your data (including data obtained from monitoring) (a) to keep you informed of our products and services; (b) occasionally to allow companies outside our group to contact you with details of their products/services; or (c) for our journalists to contact you for research purposes. As an international group, we may transfer your data on a global basis for the purposes indicated above, including to countries which may not provide the same level of protection to personal data as within the European Union. By submitting your details, you will be indicating your consent to the use of your data as identified above. Further information on our use of your personal data is set out in our privacy policy, which is available at or can be provided to you separately upon request. Marketing choices If you object to contact as identified above by telephone q, fax q, or q, or post q, please tick the relevant box. If you do not want us to share your information with our journalists q, or other companies q please tick the relevant box. Payment Method Cheque Invoice Credit Card* *A representative will be in touch to arrange payment. Other relevant Metal Bulletin Research publications include: The Five Year Strategic Outlook for the Global Large-diameter Linepipe Market The Five Year Outlook for the Global OCTG Market Strategic Prospects for the Global Transmission Linepipe Market by Type, Size Range and Grade A Strategic Outlook for the OCTG Heat Treatment, Threading, Coupling and Premium Connection Sectors out to 2020 Welded Linepipe and OCTG Market Tracker Seamless OCTG and Linepipe Market Tracker Industrial and Structural Tube and Pipe Market Tracker