
Cold Drawn Seamless Steel Pipes Global Market Report 2023
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Aug 29, 2023Hoberg & Driesch Expands with Salzgitter Pipe Business Acquisition - News and Statistics - IndexBox

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Hoberg & Driesch Rohrengruppe, a prominent steel pipe distributor based in Dusseldorf, has finalized an agreement to acquire a portion of Salzgitter Mannesmann Stahlhandel GmbH's pipe business in Germany. The source highlights that this acquisition includes seamless heavy-wall pipes and precision steel pipes, marking a strategic enhancement for Hoberg & Driesch's market presence.
This transaction enables Hoberg & Driesch to broaden its product offerings and solidify its standing in the European steel pipe market. According to IndexBox data, the European Union's pipe production is projected to experience a modest recovery, with a 0.3% year-on-year increase expected in 2025 following a 3% decline in 2024. Projections for 2026 indicate a further 1.2% growth.
Hans-Jorg Westendorf, CEO of Hoberg & Driesch Rohrengruppe, expressed optimism about the acquisition, emphasizing a seamless transition for Salzgitter Mannesmann Stahlhandel's customers. Dr. Sebastian Bros of Salzgitter's management team noted the focus on core competencies, ensuring efficiency and organizational optimization.
The gradual integration of assets promises to offer customers an expanded product range and increased production capacity, leveraging the combined expertise of both entities. Despite the anticipated stability in pipe consumption within the machine building and automotive sectors, overall demand for large welded pipes is expected to remain subdued due to the EU's shift towards LNG and reduced oil project investments.
Source: IndexBox Market Intelligence Platform
This report provides an in-depth analysis of the market for seamless casing, tubing and drill oil or gas pipe of non-stainless steel in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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