Blog, Steel Pipe and Sheet Piling news
Onshore Pipe Projections Positive Through 2015
In the wake of the downturn in developed economies across the world in 2012, demand for energy infrastructure as well as available credit lines both took a negative hit. However, at least one recent projection pegs both of these as rising, and continuing to do so throughout the next year.
Natural Gas The Fuel Of Choice In Colder Regions
Just as temperatures are beginning to drop across the country, natural gas consumption is on the rise. However, the trend does not extend to all regions. Rather, it is centered most notably in the coldest parts of the country, namely the Midwest and Northeast.
Some US OCTG Line Pipe Distributors In Tough Position
In a trend that has affected more than one OCTG line pipe distributor, domestic mills are either charging a premium on their goods, or just flat out refusing to sell outside their current circle of contacts. In the past, this practice has forced distributors to buy abroad. However, this has become a much tougher proposition since the recent trade ruling.
North Dakota’s Natural Gas Problem
Currently, nearly 1/3 of the natural gas produced from oil-drilling projects in North Dakota is flared. In response to the state's increased oil production in recent years, and subsequent increase in burn-off, the North Dakota Industrial Commission (NDIC) has put goals into place in order to decrease the amount of flared gas in the coming months and years.
New Oil Pipeline Project Announcements
JD Fields is proud to announce multiple new projects either breaking ground or in the final stages of completion. Our clients are always busy, and we're honored to supply such innovative and exciting developments!
Lack of Infrastructure in Permian Basin Contributing to Price Differences
Current pipeline infrastructure throughout the Permian Basin is insufficient in handling the recently increased production of crude oil in the area. Prices have fallen as a result of this inability to transport the crude product to refineries.
Shifting Hot Roll Coil Prices In The U.S.
Increased availability of domestically-manufactured hot rolled coil steel has contributed to a fluctuation in prices for suppliers and buyers alike.
JD Fields Receives Verdict In Breach Of Contract Suit
In April of 2013, JD Fields filed a petition citing a breach of contract by T & R Pipeline Services, Inc. The dispute arose after the defendant received an order of steel pipe, but did not fully compensate JD Fields as a supplier.
Line Pipe Prices Showing Effects Of OCTG Case Ruling
According to one source in the industry, domestic distributor prices rose approximately 0.2% per short ton, while foreign-sourced line pipe more than doubled that, at a 0.5% increase.
Canada Taking OCTG Dumping Seriously
In a move mirroring that made by the U.S., Canada's International Trade Tribunal recently began looking into the dumping of various Oil Country Tubular Goods (OCTG) by the same countries recently taken to task by the United States.
Lead Times For SSAB Plate Mills Increase
A spokesperson for SSAB Americas confirmed what the company is referring to as a planned maintenance outage running from late October into early November. End markets such as the energy and transportation industries have contributed to the increase in lead times in the domestic market.
PSL1 Vs. PSL2 Differences
The American Petroleum Institute (API) designates different specifications on selling line pipe. The two specs under API 5L are PSL-1 and PSL-2. These specs cover seamless and welded steel line pipe from grades X42 through X80.
According to estimates, there are currently 30,000 less truck drivers available than shipping companies need. This shortage of laborers could lead to increased costs across many industries.
API Launches Community Engagement Standards
The American Petroleum Institute is working hard to smoothly introduce the energy industry to areas ripe for energy development. Through a recently released set of standards, API intends to guide engagement between the industry and these communities.