As stated in the Interpipe report, in August 2021, sales of OCTG pipes increased to 18.8 thousand tons (+ 29.5% compared to the same period in 2020).
“OCTG sales reached a new peak in August, mainly driven by strong demand in the MENA region. At the same time, over 8 months, sales of oil and gas pipes increased by 76.5% to 103.6 thousand tons,” the report of Interpipe says.
- Sales of line pipes in January-August 2021 increased to 205 thousand tons (+ 10,7%). This jump is explained by demand in the MENA regions, the CIS and Ukraine itself;
- Sales of engineering pipes in January-August reached 14,9 thousand tons (+ 27%);
- Sales of welded pipes in August increased to 5,5 thousand tons (+ 87,1%). The increase is explained by a decrease in prices for hot-rolled products and natural recovery in demand for welded pipes.
In the aggregate volume, sales of Interpipe pipes in 2021 increased by 358 thousand tons (+ 15,5%) compared to the same period in 2020.