Industry Trends

7 Reasons You Should Buy Stainless Steel Pipe

May 02, 2012 in Industry Trends, Pipe by

There are so many different types of material that can be used in each industrial pipe project, making it difficult at times to choose one that you can really trust for your specific project. However, when it comes to large-scale endeavors, industrial pipe and steel tend to go hand in hand. Let’s take a look into 7 great reasons you should buy stainless steel pipe for your next project.

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St. Louis Pipe Supply attends Tube Show Dusseldorf

April 04, 2012 in Industry Trends, News & Articles by

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316 Stainless Steel Sheet Metal Facts & Pricing

February 15, 2012 in Blog, Industry Trends, Jobs/Projects by

Stainless Steel 316 Sheet Metal Characteristics Explained

If you’ve used sheet metal in any projects before, you may be familiar with the316 Stainless Steel Sheet Metal facts. Sheet metal is metal that has been cut into thin, flat pieces that typically range in thickness anywhere from 30 to 8 gauge.  It can be made of aluminum, brass, copper, tin, nickel, steel and more. Stainless steel is commonly used in commercial projects, more specifically, stainless steel 316 sheet metal.

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Galvanized Steel Pipe & Supplies for Better Projects

February 08, 2012 in Blog, Industry Trends, Jobs/Projects, Pipe by

Galvanized Steel Pipes

When investing in pipe supplies for your next project, it’s important to purchase the best material possible for your pipes, fittings and valves to increase their longevity. Steel pipes and fittings can begin to rust early on, depending on the environmental factors, but the process of galvanization can protect pipes and pipe supplies for much longer. Galvanized steel pipe has an added layer of zinc to protect the pipes from rust and corrosion. Here is a little information on how finding a domestic or international galvanized pipe distributor can help your project in the long run.

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Rig counts jump onshore the US

September 22, 2011 in Blog, Industry Trends, News & Articles by

According to the weekly rig report from Baker Hughes, the number of rotary rigs actively drilling for oil and gas in the United States has increased by 27 this week.

With 1,934 rigs currently working onshore the US, the number of rigs has increase by 308 over the year, spurred by increased drilling and development in various shale plays across the nation. An overwhelming majority of the wells currently being drilled are horizontal at 1,137.

Currently, there are 1,062 rigs drilling for oil, an increase of 392 over the year. On the other hand, the number of rigs drilling for natural gas has decreased by 70 over the last year, with 912 rigs drilling for natural gas.

Texas continues to lead the pack with 895 rigs actively drilling for oil and gas in the state. Supported by activity in the Haynesville Shale, Barnett Shale, Eagle Ford Shale and Permian Basin, Texas has added 165 rigs over the last year.

Although dropping four rigs this week, the number of rigs working in Oklahoma has increased by 67 over the year to 199 active rigs. Drilling activity in Oklahoma has increased as shale plays and unconventional formations attract interest.

Rich with oil from the Bakken Shale play, North Dakota has 184 rigs actively drilling, an increase of 51 over the year.

Louisiana has 156 rigs drilling in the state. While interest in the natural gas-rich Haynesville wanes a bit due to low gas prices, emerging liquids-rich shale plays, such as the Tuscaloosa Shale, are adding rigs to the state’s line-up.

Pennsylvania, continues to support drilling activity, with 113 rigs drilling in its Marcellus Shale formation.

Another big increase over the year have been seen in California, which has jumped 21 rigs to 53 this week.

What do you think about this news?  Please don’t forget to leave your opinion in the comments below.

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Plate Imports are Putting the Pressure on US Prices

September 05, 2011 in Industry Trends, News & Articles by

Even with US plate prices declining roughly $100/short ton since May, prices remain above international prices and imports of plate continue to be factor in the US.

Incomplete license import data from the US Census Bureau indicates that August could be the fourth consecutive month of total plate imports in the US reaching 200,000 tonnes.

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USS Loses Challenge To 2007 Mexican Pipe Sunsets

September 02, 2011 in Industry Trends, News & Articles by

US Steel was unsuccessful in its challenge of the 2007 sun setting of antidumping duties on large-diameter welded line pipe imports from Mexico.

USS had requested a binational panel review by the Nafta Secretariat after the US International Trade Commission allowed the duties to expire in 2007, while at the same time continuing duties on the same product from Japan.

As reported earlier this year by Steel Business Briefing, the panel had ordered the ITC to reconsider the decision by examining information supplied by Mexican producer Procarsa, which USS had found to be inaccurate. Procarsa had originally submitted some information too late for the ITC to consider in the sunset review.

The ITC reviewed the data, but still determined that revocation of the duties would not result in a significant increase in the volume of imports from Mexico and maintained that the duties should still be sunset.

The binational panel is now upholding the ITC’s decision, SBB reports.

According to ITC import data reviewed by SBB, US imports of large-diameter Mexican line pipe have indeed increased since the duties were sunset (see chart below).

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Stemcor sees ‘uncertainty’ over steel price strength

August 18, 2011 in Industry Trends, News & Articles by

International steel trader Stemcor reported its profit continued to fall over the first half despite higher revenues and volumes. Stemcor cautioned there is “some uncertainty about the strength of steel prices in the second half,” following a drop in operating margins.

“Our raw materials trading business performed strongly, though our international trading business in steel, while profitable, was below budget,” Stemcor’s chairman Ralph Oppenheimer wrote. “Our steel distribution interests had an excellent first half. Our stockholding and service centre businesses all performed well with the exception of Stemcor Special Steels, but we are confident that this business, serving the oil industry, will begin to trade profitably in the second half of the year.”

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Rig counts climbs again in the US

August 16, 2011 in Blog, Industry Trends, News & Articles by

The weekly rig report from oilfield services firm Baker Hughes (NYSE:BHI), shows the number of rotary drilling rigs in the United States has climbed and shows more healthy growth while the rig activity in Canada does the opposite.

The US gained 11 rigs last week, 2 offshore and 9 onshore.  Of the rigs in the US a majority (1,021) are drilling for oil and the rest (889) are drilling for natural gas.  When broken down further, most of the US wells are horizontal wells, 1,102 to be exact, there are also 570 rigs drilling vertical wells, and 244 rigs drilling directional wells.

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Steel and Aluminum Shipments Make a Rebound

June 30, 2011 in Blog, Industry Trends, News & Articles by

According to the Metals Activity Report from the Metals Service Center Institute, Rolling Meadows, Ill, US and Canadian service centers have returned to stronger growth rates of shipments of steel and aluminum products during May. These greater rates have essentially made up for the lower shipment numbers in April.

The total steel shipments made by the US increased by 20.1 percent from May 2010 resulting in 3.5 million tons shipped. Shipments for the first 5 months of 2011 also increased from the previous year by 20.3 percent with 17.28 million tons. Steel inventories were up 19 percent from stockpiles in 2010 totaling approximately 8.3 million tons and equal to a 2.4 month supply.

In Canada, metal centers increased their shipments by 14.1 percent during May with 528,300 tons. Shipments during the first 5 months were 2.7 million tons, which is a 14.4 percent increase from a year ago. Canadian steel inventories were up 10.4 percent from May 2010, totaling 1.54 million tons and equal to a 2.9 month supply.

US aluminum shipments from metal centers also increased in May 2011 totaling 127,400 tons, which is a 31.4 percent growth compared to the same month last year. Aluminum inventories at the end of May were reported to have a 29.4 percent increase, compared to the end of May 2010, with 362,900 tons and equal to a 2.8 month supply.

May shipments of aluminum from Canada amounted to 12,500 tons, which is 10.9 percent more than service center volume during May 2010. Shipments for the year increased 9.1 percent from the previous year, totaling 61,100. Inventories at the end of May were 6.9 percent below stockpiles from a year ago with 30,600 tons of aluminum and equal to a 2.5 month supply.

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