Supply squeeze from US-Iran war, anti-dumping cases may send US energy tube and pipe prices soaring: Port Pipe and Tube

Fastmarkets05-12

Key takeaways: Supply shock is structural, not temporary: Strait of Hormuz disruption has effectively halted UAE pipe exports, collapsing US import volumes and tightening availability. Policy and raw...

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charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Supply squeeze from US-Iran war, anti-dumping cases may send US energy tube and pipe prices soaring: Port Pipe and Tube</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSupply squeeze from US-Iran war, anti-dumping cases may send US energy tube and pipe prices soaring: Port Pipe and Tube\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-05-12 12:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fastmarkets.com/insights/supply-squeeze-from-us-iran-war-anti-dumping-cases-may-send-us-energy-tube-and-pipe-prices-soaring-port-pipe-and-tube/><strong>Fastmarkets</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key takeaways:\n\nSupply shock is structural, not temporary: Strait of Hormuz disruption has effectively halted UAE pipe exports, collapsing US import volumes and tightening availability.\nPolicy and raw...</p>\n\n<a href=\"https://www.fastmarkets.com/insights/supply-squeeze-from-us-iran-war-anti-dumping-cases-may-send-us-energy-tube-and-pipe-prices-soaring-port-pipe-and-tube/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://www.fastmarkets.com/insights/supply-squeeze-from-us-iran-war-anti-dumping-cases-may-send-us-energy-tube-and-pipe-prices-soaring-port-pipe-and-tube/","article_id":"2634299777","we_media_id":null,"thumbnails":[],"rights":{"source":"fastmarkets_highlight","url":"https://www.fastmarkets.com/insights/supply-squeeze-from-us-iran-war-anti-dumping-cases-may-send-us-energy-tube-and-pipe-prices-soaring-port-pipe-and-tube/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2634299777","pubTimestamp":1778558400,"columns":[],"sourceInfo":{"source_id":"fastmarkets_highlight","name":"Fastmarkets"},"weMediaInfo":null,"summary":"Steel energy tube and pipe prices will continue rising amid the US war with Iran and a lack of imported material, Cody Schlueter, president and owner of Port Pipe and Tube, told Fastmarkets in an exclusive interview on May 4.","collect":0,"end_time":0,"defaultTopTitle":"fastmarkets.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4585":"ETF&股票定投概念","ITA":"iShares Dow Jones U.S. Aerospace","BK4588":"碎股"},"translate_title":"美伊战争导致供应紧张、反倾销案可能导致美国能源管材价格飙升：港口管材","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ITA":1},"content_text":"Key takeaways:\n\nSupply shock is structural, not temporary: Strait of Hormuz disruption has effectively halted UAE pipe exports, collapsing US import volumes and tightening availability.\nPolicy and raw material constraints are compounding the squeeze: Anti-dumping cases, tariffs and HRC shortages are restricting both imports and domestic production capacity.\nDemand recovery is accelerating the price spike: Rising oil activity and infrastructure demand (including AI-linked buildout) are set to push OCTG prices back toward $2,000/t.\n\nHormuz disruption halts UAE pipe exports and tightens US supply\n“With the Iran war, there’s no more pipe leaving [the Strait of Hormuz] out of the [United Arab Emirates],” Schlueter explained. “The UAE is in the top five importing countries, specifically surface casing. They were the largest importer of standard pipe last year.”\nPreviously, the UAE was importing 6,000-8,000 tonnes of pipe, but now “it’s almost nothing,” he said.\nShipments bound for the US from the UAE have been stalled in the strait since February, according to Schlueter, with most of that tonnage already sold.\n“So, the spot market’s gone crazy,” Schlueter said.\nJust 200 tonnes of oil country tubular good (OCTG) steel arrived from the UAE in April, according to the US International Trade Agency’s (ITA) steel imports monitor, down from 11,100 tonnes in March.\nPrices for OCTG have risen since the US war with Iran began, and current market conditions will only continue to drive prices up, Schlueter told Fastmarkets.\n“I think we will be very close to $2,000 a ton for surface casing,” he said.\nFastmarkets last assessed the monthly steel OCTG API 5CT – Casing J55, fob mill US at $1,375-1,450 per short ton on April 8, rising from $1,350-1,425 per ton in March. Domestic OCTG prices were last over $2,000 per ton in January 2023.\nAnd Fastmarkets assessed steel ERW line pipe (X52), fob mill US at $1,500-1,650 per ton on the same day, rising by 3.28% after two months of stability.\nAnti-dumping cases, global HR shortage add pressure\nRecent trade defense measures taken by the US government will also curtail incoming imports, Schlueter said.\n“You got the anti-dumping [cases] that just got filed on Taiwan, UAE and Austria,” Schlueter noted. “Well, those three [importers] are in the top five importing on OCTG into the United States. That’s significant tons that are going to be affected.”\nBut “they were dumping,” according to Schlueter\nGlobal tightness in the hot-rolled coil market is also constricting availability.\n“South Korea is having issues getting coiled [steel], and so are my domestic mills,” Schlueter said. “And even over in Taiwan — they bring a lot of pipe over here too — they’re having issues getting coil too.”\nUS availability of hot-rolled coil is also feeling pressure amid the 50% Section 232 tariffs, which have significantly curbed imported material. Long lead times and domestic mill outages have also limited supply.\nBut the steel tariffs “are doing what they are supposed to do,” according to Schlueter, despite the lack of availability.\n“In the [1990s], we had 30 steel manufacturers. Now we’ve got four [steelmakers] that have 80% of the market share. That’s not good,” Schlueter argued. “The reason that happened is because imports flooded the market, and everyone either went bankrupt or consolidated.”\nRising demand creates perfect supply shortage storm\nStill, the spot market shortage for steel pipe will only get worse as demand accelerates, according to Schlueter.\n“Now you’ve got demand coming back. You’ve got these AI data centers chewing up a massive amount of resources, and now oil’s come back,” he said. “I think the entire supply chain is being rewritten right now.”\n“There hasn’t been any projects for over a decade because of the political environment,” Schlueter explained, “and now with [US President Donald] Trump, they’re trying to get everything they can get in the ground before the new president gets elected.”\nStronger oil prices will also spur demand that has been lackluster in recent years, according to Schlueter.\n“I am hearing that some oil companies are going to start adding [rigs],” he explained. “Our sales from February to March were four times higher.”\nAmid the market uncertainty and every-changing dynamics, “I just tell everyone to buckle up,” Schlueter said.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.2","shortVersion":"4.42.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2634299777","isCrawlerRequest":true}