[ US OCTG Pipe Prices Surge 17% Year-on-Year in September ]

Published: Oct 15, 2026 09:11 (GMT+8)

Save

Average spot prices for Oil Country Tubular Goods (OCTG) in the United States recorded a steep 17% year-on-year jump in September 2026, reaching $3,031 per tonne. Strong domestic drilling demand colliding with heavily constrained availability of seamless pipes drove the massive premium, directly boosting conversion margins for North American tubular steel producers. [SMM Iron Ore]

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

31 mins ago

[SMM Iron Ore] Higher premiums and softer spot cut imported iron ore margins to 1.10 yuan/mt

31 mins ago

3 hours ago

[ Indian Iron Ore Exports Hit Four-Year Low in September ]

India's total exports of iron ore and pellets plummeted by 67.2% month-on-month in September 2026 to just 0.70 million tonnes, marking a four-year volumetric low. The massive contraction was driven by an 88.3% plunge in shipments to Chinese ports alongside severe monsoon conditions that flooded domestic open-cast mines, aggressively restricting the availability of exportable fines and lumps. [SMM Iron Ore]

3 hours ago

[ Ferrexpo Nine-Month Iron Ore Output Plunges 54% ]

Ukraine-based iron ore producer Ferrexpo reported on October 14, 2026, that its total commercial production for the first nine months of the year crashed by 54% year-on-year to 1.6 million tonnes. Third-quarter output was restricted to just under 800,000 tonnes as severe logistical bottlenecks and power constraints forced the company to rely on a single active pelletizing line following a recent $100 million capital raise. [SMM Iron Ore]

3 hours ago