Preliminary data from the US Department of Commerce shows that imports of oil country tubular goods (OCTG) and line pipe products fell in July.
- OCTG volumes fell by 88,100 metric tonnes (t) from the prior year, as volumes from Japan dropped by 15,500t, South Korea and Thailand both dropped by 13,500t, and volumes from Vietnam and Mexico fell by 11,300t and 9,300t, respectively.
- Volumes of line pipe less than or equal to 16in fell by 12,300t, as Italian volumes dropped by 4,500t, Ukraine dropped to zero from 4,400t in the prior year, and Brazilian volumes fell by 3,100t.
- Standard pipe imports increased by 13,400t on a 7,900t increase from Turkey.
- Heavy structural shape volumes jumped by 39,700t as Spanish volumes increased by 21,700t from the prior year, and imports from Germany rose by 9,200t.
| US pipe and tube imports | metric tonnes | ||||
| Product | Jul-24 | Jul-23 | Volume change | ±% | Jun-24 |
| OCTG | 95,792 | 183,909 | -88,117 | -47.9% | 126,760 |
| Line pipe | 69,387 | 80,875 | -11,488 | -14.2% | 87,976 |
| Standard | 66,100 | 52,716 | 13,384 | 25.4% | 76,317 |
| Heavy Structural Shapes | 107,979 | 68,253 | 39,726 | 58.2% | 54,096 |
| US Department of Commerce | |||||
| July 2024 data is preliminary data, which is subject to change. Line pipe is all diameters. | |||||
