Research Outline

Corrosion-Resistant Alloy Volume

Goals

Determine the total amount in tonnage or the value of Chrome 13, Chrome 25, and Inconel tubing (smaller than 5" if possible) for the OTCG market globally. The information will be used to convince investors on the size of the market.

Early Findings

Corrosion-Resistant Alloy Volume for the OCTG market

  • Sumitomo has the capacity to manufacture around 24,000 tonnes of chrome OTCG annually.
  • Sandvik and Tubacex are diversified steel manufacturers that have an annual capacity of 6,000 tonnes each of chrome OCTG.
  • The average price of L80 premium connection OCTG in the Middle East is $1,500 per ton in Jan 2018.