latest seamless pipe industry news

1. Latest Industry News (Last ~2 Months)

1.1 India: New Stainless-Steel Seamless Pipe Line Commissioned

Sun Mark Stainless in India has introduced a new stainless-steel seamless pipe production line with an annual capacity of 24,000 metric tons (2,000 tons/month). The line employs advanced hot and cold processing and meets global standards, targeting sectors such as oil & gas, petrochemicals, power, and engineering.上海 metals 市场

1.2 China: Market Restructuring and Pressure

China’s seamless steel pipe market in 2025 is undergoing a turbulent restructuring phase. Factors include escalating geopolitical tensions, cautious capital expenditures, mismatched demand cycles between infrastructure and manufacturing, and compounded short-term supply chain pressures alongside long-term industrial transformation challenges.华钢

1.3 Global Price Trends: China’s Processing Mill Losses, Export Gains

By late August 2025, average mainland Chinese seamless pipe prices dropped to approximately ¥4,246 per ton—down ¥194 since January. Q2 saw the steepest declines. Processing mills reported losses around ¥50/ton (a ¥180/year decline), while integrated mills maintained margins of ¥238/ton. On the upside, exports surged: 2.46 million tons shipped from January–May, a 13.65% year-over-year increase, with oil and gas pipe exports up 20.22%.Shanghai HXH Steel Manufacture Co., Ltd.

2. Market Overview & Recent Developments

Market Size and Growth Outlook

• Global Market Size: Estimated at approximately US $263.9 billion in 2024, projected to reach US $405 billion by 2032, growing at a CAGR of about 5.5% (2025–2032).MAXIMIZE MARKET RESEARCH

• Alternative Forecast: Another projection estimates growth from US $242.3 billion in 2024 to US $251.6 billion in 2025, reaching US $310.5 billion by 2029—a CAGR of 5.4%.openpr.com

Stainless-Steel Seamless Pipes Segment

• Market is expected to grow from US $3.88 billion (2025) to US $5.15 billion by 2030 at CAGR 5.8%, driven by demand in oil & gas, automotive, chemical, construction, and green energy. The austenitic grade segment (high corrosion resistance and strength) is identified as the fastest-growing.PR Newswire

Market Drivers & Constraints

Drivers:

• Superior performance (high pressure, heat, and stress resistance) supports demand in oil & gas, infrastructure, power generation, automotive, and heavy industries.Grand View ResearchMAXIMIZE MARKET RESEARCH

• Massive oil & gas infrastructure projects and new transmission pipelines—especially in emerging economies—bolster demand.openpr.comGrand View Research

• Asia-Pacific (especially India and China) emerges as a growth hotspot due to urbanization, energy projects, and government initiatives.财富商业洞察Grand View Research

Constraints:

• Higher cost compared to welded pipes due to complex manufacturing.Grand View ResearchMAXIMIZE MARKET RESEARCH

• Raw-material price volatility squeezing margins.MAXIMIZE MARKET RESEARCH

• Regulatory challenges in certain end-use industries.MAXIMIZE MARKET RESEARCH

3. Efficiency Overview (Recent Trends)

• China’s Profit Margins: Processing mills are in the red (¥50/ton losses), while integrated producers hold some positive margin (¥238/ton).Shanghai HXH Steel Manufacture Co., Ltd.

• Utilization Rates: In China, 2024 output was about 29.8 million tons, with a capacity utilization rate around 66%. Despite expanding capacity (from ~44.63 million tons in 2022 to ~45.43 million in 2023), efficiency remains suboptimal due to lower demand and competitive pressure.permanentsteel.com

• New Capacity: India’s Sun Mark investment adds 24,000 tons/year capacity, indicating strong growth prospects.上海 metals 市场

4. Translation to English

Recent news in the seamless pipe industry (past ~2 months):

• India’s Sun Mark Stainless commissioned a new stainless-steel seamless pipe line with 24,000 MTPA capacity (advanced hot/cold processing), serving oil & gas, petrochemical, power, and engineering sectors.

• China’s 2025 seamless steel pipe market faces restructuring—geopolitical tensions, cautious investment, misaligned demand cycles, and compounded industrial chain pressures.

• China saw a price decline in Q2 (to ¥4,246/ton by June), processing mills incurred losses (¥50/ton), integrated mills held margins (¥238/ton), while exports surged (+13.65% Y/Y to 2.46 million tons, and oil/gas pipe exports up 20.22%).

Market analysis (last two months):

• Global market ~US$264 billion in 2024, expected to reach US$405 billion by 2032 (CAGR ~5.5%).

• Stainless-steel seamless pipes: ~US$3.88 billion in 2025, projected US$5.15 billion by 2030 (CAGR ~5.8%). Austenitic grade is fastest-growing.

• Drivers: High-performance applications, infrastructure build-out, energy, industrialization.

• Restraints: Cost, raw-material volatility, regulatory demands.

Efficiency insights:

• China's processing mills are loss-making; integrated mills maintain better margins.

• Capacity utilization in China is low (~66%), despite expanded capacity.

• India adds capacity with Sun Mark's new line, boosting production.