Page 12 - ITAtube Journal 2 2025

Market information
The structural pipe S235 although on a
much lower price niveau, characterized by
much less volatility almost maintained its
price level at ab. 600 USD/ton. Demand for
structural pipes remain high due to many
infrastructure projects.
If we look at some selected regions (Figure
8), the production fi gures diff er signifi -
cantly. In the USA, after a record year in
2023, tube production fell by 12% in 2024.
Pipeline pipes larger than 16 inches (406
mm) saw a 17% downturn. This year large
diameter pipes for pipelines are booming
again. Some US producers are well booked
already until 2026. New exploration
and pipeline projects boost this year the
demand for tubular products in the US.
After achieving a record high in tube
production in 2023, India maintained its
production level with a slight increase of
+1%. Notably, there was an 8% increase
in the production of seamless tubes. After
relatively stable years, Europe saw a total
tube production cut of -7% in 2024. Seam-
Figure 8: Pipe Production of selected Regions 2020- 2024
Source: Wirtschaftsvereinigung Stahlrohre, ITA
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Figure 9: Pipe Production China 2020- 2024
Source: Wirtschaftsvereinigung Stahlrohre, ITA
ITAtube Journal August 2025