US pipe and tube imports plunged in October.
- US OCTG volumes dropped by 71,900 metric tonnes (t) from the prior year to 67,600t in October, according to preliminary data from the US Department of Commerce.
- Shipments from Germany and Thailand plunged by 14,600t and 17,100t, respectively, from the prior year to essentially zero in October. South Korean volumes dropped by 18,800t to 9,600t, while Japanese shipments declined by 12,800t to 4,500t.
- Line pipe volumes dropped by 20,700t from the prior year to 68,100t for October.
- Lower volumes of unspecified diameter line pipe and line pipe of diameters of 16in or less led the declines in line pipe imports. Unspecified line pipe volumes dropped by 12,800t from the prior year to 21,400t, while 16in or less diameter line pipe volume fell by 13,600t to 23,000t.
- Vietnam's shipments of unspecified diameter line pipe dropped to near-zero from 7,200t the same period prior year. India's shipments of 16in or less diameter line pipe dropped by 4,400t from the prior year to near zero, while Romanian volumes dropped by 3,100t.
- Shipments of line pipe greater than 16in rose by 5,500t to 23,400t.
| US pipe and tube preliminary imports | metric tonnes | ||||
| Product | Oct-24 | Oct-23 | Difference | ±% | Sep-24 |
| OCTG | 67,596 | 139,489 | -71,893 | -51.5% | 113,737 |
| Line pipe | 68,068 | 88,776 | -20,708 | -23.3% | 85,865 |
| Standard | 61,568 | 69,400 | -7,832 | -11.3% | 55,028 |
| Heavy Structural Shapes | 77,627 | 75,846 | 1,781 | 2.3% | 40,560 |
| US Department of Commerce; October 2024 data is preliminary data, which is subject to change. | |||||
| *Line pipe is all diameters. | |||||
