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29 Mar
19:18

Freedonia: Pipe demand to grow 3.5% per year

Global steel pipe demand is expected to grow 3.5% per year through 2019, despite projected slowdowns in the North American and Chinese markets, Kallanish learns from research company The Freedonia Group. By 2019, global steel pipe demand will reach 79.7 million tonnes, driven largely by growth in developing markets, the group reports. The strong shale-driven growth in North American oilfield pipe demand between 2009 and 2014 will gradually taper off “&h…
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