Page 6 - ITAtube Journal 3 2024

Market information
World Steel Tube Production – Review
A comparison of the first two half-years of
2023 and 2024 shows a global decline in
production of 7.8 %. However, the develop-
ment in the individual regions and coun-
tries shows different trends. While the USA,
Europe, China and the CIS countries have
seen declines of around 10%, Japan (11.5%)
and India (6.2%) have recorded growth.
Japan recorded the largest growth in seam-
less pipes. The largest declines in this area
were recorded in China (21%) and Europe
(over 22%) for welded pipes > 406. Indian
production is growing in all areas. It should
be noted that the figures in the individual
sectors vary greatly in some cases. For
example, China recorded a decline of 21 %
for seamless pipes and growth of 2 % for
welded pipes > 406.
Total in Tto.
in %
in %
in %
in %
in %
seamless tubes Region/ 1st half 1st half
country 2023 2024 EU 1.600 1.300 -18,8 USA 1.400 1.300 -7,1 Japan 830 1.000 20,5 CIS 4.100 3.520 -14,1 India 500 550 10,0 China 17.350 13.700 -21,0 Other 1.030 950 -7,8 welded tubes <406 1st half 1st half
2023 2024 3.600 3.400 -5,6 4.900 4.450 -9,2 2.275 2.550 12,1 1.700 1.400 -17,6 1.000 1.050 5,0 26.420 25.000 -5,4 8.600 8.500 -1,2 welded tubes >406 1st half 1st half
2023 2024 580 450 -22,4 900 750 -16,7 750 750 0,0 1.900 1.900 0,0 1.200 1.270 5,8 4.900 5.000 2,0 1.400 1.400 0,0 welded tubes 1st half 1st half
2023 2024 4.180 3.850 -7,9 5.800 5.200 -10,3 3.025 3.300 9,1 3.600 3.300 -8,3 2.200 2.320 5,5 31.320 30.000 -4,2 10.000 9.900 -1,0 TOTAL
1st half 1st half
2023 2024
5.780 5.150 -10,9
7.200 6.500 -9,7
3.855 4.300 11,5
7.700 6.820 -11,4
2.700 2.870 6,3
48.670 43.700 -10,2
11.030 10.850 -1,6
World 26.810 22.320 -16,7 48.495 46.350 -4,4 11.630 11.520 -0,9 60.125 57.870 -3,8 86.935 80.190 -7,8
6ITAtube Journal December 2024