TPi March 2020

Events calendar

March 2020

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The trademagazine for tube and pipe products

JOIN US INTO THE FUTURE OF STEEL TUBES

The March issue

2020

Meet us at TUBE March30 -April 3,2020 Düsseldorf,Germany HALL3 - STAND 3D30

30 March – 3 April Tube Düsseldorf 2020 (Düsseldorf, Germany) International exhibition www.tube.de 31 March – 3 April TOLexpo (Paris, France) International exhibition www.tolexpo.com 20-24 April MACH (Birmingham, UK) International exhibition www.machexhibition.com 11-13 June Guangzhou (Guangzhou, China) International exhibition www.julang.com.cn 17-20 June Korea Metal Week (Seoul, South Korea) International exhibition www.korea-metal.com 23-26 September Tube China (Shanghai, China) International exhibition www.tubechina.net 27-30 October EuroBLECH (Hanover, Germany) International exhibition www.euroblech.com 16-18 June FABTECH Canada (Toronto, Canada) International exhibition www.fabtechcanada.com

www.marcegaglia.com Getour app

Welcome to the latest Tube Products INTERNATIONAL magazine. A recent report by IndexBox looked at the world iron and steel tube, pipe and hollow profile market, which it estimated amounted to $124.6bn in 2018, rising by 3.9 per cent against the previous year. It was interesting to read the breakdown of tube consumption by country. China (23 million tonnes) constituted the country with the largest volume of consumption of tubes, pipes and hollow profiles (of iron or steel). In fact consumption of tubes, pipes and hollow profiles in China exceeded the figures recorded by the second-largest consumer, India (10 million tonnes), twofold. Quite staggering numbers. Russia (9 million tonnes) ranked third in terms of total consumption with a 8.4 per cent share. However since 2007 it is India that has shown the highest annual growth rate (+10.7% per year). Global exports totaled 45 million tonnes in 2018, growing by 7.3 per cent against the previous year. Over the period under review, exports of tubes, pipes and hollow profiles, however, continue to indicate a relatively flat trend pattern. It seems that from 2009 to 2018 exports dipped and failed to regain their momentum. In 2018, the average export price for tubes, pipes and hollow profiles (of iron or steel) amounted to $1,300 per tonne, rising by 2.8 per cent against the previous year. Over the period under review, the export price for tubes, pipes and hollow profiles, however, continues to indicate a slight downturn. There were significant differences in the average prices among the major exporting countries. In 2018, the country with the highest price was the US ($2,287 per tonne), while Turkey ($836 per tonne) was among the lowest. In value terms, the US ($10bn) constitutes the largest market for imported tubes, pipes and hollow profiles (of iron or steel) worldwide, comprising 16 per cent of global imports. The second position in the ranking was occupied by Germany ($3.4bn), with a 5.4 per cent share of global imports. It was followed by Australia with a 4.1 per cent share. Next issue we will have features on steel & stainless steel tubes; valves, fittings & flanges; and large diameter pipe. The

magazine will also be distributed at Tube Russia 2020 and Guangzhou 2020 in China. If you would like to submit editorial for the forthcoming issue you can contact me at: rory@intras.co.uk. The advertising deadline for the issue is 13 March.

18-20 November FABTECH (Las Vegas, USA)

International exhibition www.fabtechexpo.com

Rory McBride Editor in Chief

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TUBE PRODUCTS INTERNATIONAL March 2020

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