Measured optimism in large-diameter linepipe market: MBR’s outlook

Presented by

Kimberly Leppold, Metal Bulletin Research

About this talk

Producers of large OD linepipe are optimistic over the outlook for linepipe demand over the coming five year period, following lackluster growth in the previous two years. Since the start of the global recession, linepipe supply has exceeded demand causing prices to slip and producers to cut output rates or shift production to non-energy tubing. Demand is now in recovery but in the meantime, there have been some structural changes in the markets that affect the prevailing sentiment as well as our outlook for the industry. The slower-than-expected economic recovery, development of shale gas and oil reserves, demand for infrastructure investment and environmental concerns have all shaped the landscape of the market.

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