Structural Steel Pipe Market 2020 Share, Size Glob
The oil and gas market is the leading application for steel pipe, accounting for over half of demand. Steel makes up the vast majority of pipe utilized in oil and gas transportation and especially production due to its high strength and its pressure and thermal resistance.
The North America sales volume of structural steel pipe decreased sharply from 2493.7 K MT to 1221.8 K MT from 2014 to 2016. In the coming five years, with the increase of oil price and demand, the market will recover gradually.
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