Global Steel Pipe Market 2016
Europe’s Steel Pipe Mills increase Output against Global Trend
With the exception of the crisis year 2009 global steel pipe production has only developed in one direction over the past ten years: upwards. This trend seems to have stopped for the time being. After only marginal growth in 2015, last year saw the output go down by 3% to 164 million tons worldwide, according to data by the “Wirtschaftsvereinigung Stahlrohre e. V.” in Düsseldorf. The reason for this dip was the markedly lower steel pipe production in North America, the CIS and China against the previous year. European steel pipe producers did significantly better. Across the EU steel pipe producers managed to increase their output by 4% to 14 million tons. In Germany output even rose as much as 5% over the previous year to 2.6 million tons.