Steel Pipe and Tube Manufacturing in Australia - Industry Market Research Report

Steel Pipe and Tube Manufacturing in Australia - Industry Market Research Report

Steel Pipe and Tube Manufacturing in Australia

Steel pipe and tube manufacturers have faced mixed trading conditions. Declining demand from downstream markets has hampered manufacturers, while greater competition in the global steel market – particularly from low-cost manufacturers – has also contributed to the industry's deteriorating performance. Dropping domestic demand and mounting input costs have constrained growth in profit margins. Industry revenue is expected to fall at an annualised 1.8% over the five years through 2022-23, to $964.8 million.

Steel pipe and tube manufacturers primarily manufacture seamless or welded steel pipes and tubes, or ferrous metal pipe and tube fittings. Firms that mainly use cast or forged iron and steel are excluded from the industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.