(by Paul Vivian and Rick Preckel, www.prestonpipe.com) Market Monitor – In March 2025, South Dakota enacted a law banning the use of eminent domain for carbon dioxide pipelines, directly challenging Summit Carbon Solutions’ multi-state pipeline project and forcing the company to rely solely on voluntary land easements. This led to a permit denial by South Dakota. Earlier this month, the Iowa Senate passed a bill that significantly restricts eminent domain for carbon pipelines, requiring companies to prove “common carrier” status and imposing stricter insurance and permitting rules; the bill awaits the governor’s signature. Both measures reflect strong landowner opposition and create major new barriers for Summit’s pipeline development in these states. The US Department of Commerce (USDOC) has determined that revoking the existing anti-dumping (AD) and countervailing duty (CVD) orders on large diameter welded pipe from Canada, China, Greece, India, South Korea, and Turkey would likely result in continued or recurred dumping, countervailable subsidies, and material injury to the US industry. Consequently, the USDOC will continue these AD and CVD orders. The products involved are welded carbon and alloy steel pipe, excluding stainless steel, with a nominal outside diameter exceeding 16”, regardless of wall thickness, length, surface finish, grade, end finish, or stenciling. The large diameter welded pipe, subject to the order, are used for transporting various fluids and for structural applications such as piling. Import Supply – The March line pipe import total was 147,313 tons which was over 50% higher than the license tally published last month. April licenses ended the month at 128,753 tons which was about 20% higher than the projection from April’s Report. Through May 13th, line pipe licenses totaled just over 56,000 tons leading to a linear forecast of about 138,000 tons for the full month. Large diameter imports and licenses have averaged over 50,000 tons each month so far in 2025 – the highest since December 2022. Carbon ERW, over 4 ½”, not over 16”, was the import category with the highest volume for March at 51,015 tons with a CIF value of $1,089/ton. This represents a decrease of $85/ton from the prior month.
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