Ep 118 – OCTG Market Update:  April 2025

What you need to know

The Pipe Brothers are back with a fresh market update from their headquarters in Carencro, Louisiana. Jonathan and Jake Yentzen return to the mic after a few months off, delivering a no-fluff breakdown of what’s really happening in the OCTG market right now.

From pricing pressures to supply shifts, here are the key insights from Episode 118 of the Pipe Brothers podcast:


Prices Are Up, But Why?

It’s not market manipulation or greed driving prices higher—it’s simple economics. Tariff speculation and actual policy moves are tightening supply, forcing costs upward. As Jonathan and Jake emphasize, pipe dealers are price takers, not price makers.


The Tariff Effect

The threat alone of new tariffs is enough to spook the market. While some are already in place, it’s the uncertainty around future regulations that continues to rattle supply chains. Politicians may not have a clear grasp on the outcomes, but businesses like Coastal Pipe are already adapting in real time.


Imports Are Lagging

For 4 of the last 5 months, OCTG imports have fallen below their 12-month average. January saw a spike, likely from operators rushing product in ahead of potential tariffs, but the overall trend confirms shrinking supply. That translates to tighter inventory and rising prices.


The Rise of Used Pipe

Used pipe is having a moment. As prices for new product climb, the cost gap between new and used widens—making reconditioned tubing and casing an attractive option. Coastal Pipe has seen a notable increase in used pipe sales, proving that affordability is driving decision-making.


A Healthy Market Holds Its Gains

One standout point: in a strong market, prices don’t drop immediately after a peak. Jake points out that recent price increases are sticking, even as supply slowly returns. That’s a sign of a resilient and balanced marketplace.


What You Should Be Doing

If you’re a pipe buyer:

  • Lock in inventory early
  • Don’t haggle too hard—replacement costs are still high
  • Partner with a trusted supplier who understands the market

If you’re selling:

  • Coastal Pipe is actively buying used and surplus pipe
  • Plugged wells and abandoned projects are a great source of inventory

Final Thoughts

Despite the negative noise online, the brothers report a busy, thriving market—especially for players who hustle and adapt. With steady demand and falling supply, conditions remain strong for OCTG. The Pipe Brothers encourage listeners to stay informed and proactive.

Like what you hear? Follow us on Spotify, Stitcher, Apple Podcast, Google Play, or wherever you consume your podcasting.  

Looking for OCTG Inventory ?  Check out https://inventory.coastalpipeofla.com/

If you have any used, surplus, end of life tubulars please contact us @ 337 896 8462 and jake@coastalpipeofla.com & jonathan@coastalpipeofla.com 

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Links for Data Sources used in show:

Ferrous Scrap Futures

Iron Ore Futures

Crude Oil Futures

Hot Roll Coil Futures

Steel Imports

DUC Numbers

EIA Report on Demand

And finally, the very popular Rig Count


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