German Steel Tube Association
Global steel pipe production in 2019 was little changed at 173 million tonnes. Slight increases in production in CIS , USA and China were offset by declining developments in Japan, EU and also in Germany. China remained market-determining with 96 million tonnes of total production and 55% world market share. European steel pipe production fell slightly. With 13.6 million tonnes, the EU’s share of the world market was just under 8%. German steel pipe production was 2.5 million tonnes, below the level of the strong previous year.
Prospects for the steel tube industry are stable. Demand from the energy industry should remain high. Steel tube industry furtheron will take benefit of possible further growth in developed countries, an expansionary fiscal policy and a favourable euro-dollar ratio. Trade policy issues could harm the industry.
Markets of the steel tube industry
The evaluation of the accounts of steel tube processing industries for the steel tube production shows the dominance of the energy sector.
Annual report is avaible in german language only