Having become one the leading suppliers of ERW steel tubes in the West Midlands, our company strives to deliver products of only the finest calibre. Variety is in no short supply either when it comes to our tubing; we have over 200 different sized tubes available, each designed to meet numerous specifications.
Research that was published by Research & Market has revealed that the global steel tubes market is predicted to grow at a Compound Annual Growth Rate (CAGR) of 6.50% between 2016 and 2020. For those of you who are unaware, CAGR is the mean annual growth rate of an investment over a specified period of time that lasts for over a year.
An analyst from the report stated that the increased use of steel scrap will be a vital trend for market growth. Countries like China and India are increasing uses of scrap iron in an effort to reduce carbon footprint. Scrap recycling does wonders for the industry’s economic viability and also reduces environmental impacts. The benefits are accomplished by eliminating the need for extracting iron ores for steel production. This extremely decreases carbon dioxide emissions, reduces air pollutions, and saves water and energy consumption.
The report also revealed that an increase for the demand of galvanised pipes and tubes will be a vital element for market growth. By volume, the global galvanised market stood at 326.2 million metric tonnes last year and the market is expected to rise to 420 metric tonnes by 2020, growing at a CAGR of 5.18%.
At Union Steel Tubes we specialise in producing ERW tubing. Since we are an ISO 9001 Registered Company, we can handle any size order of our tubes and maintain an excellent standard of customer service. Every client can expect great products from us and rest assured that our team will work hard to ensure all needs are satisfied.
If you would like to find out more about our company, feel free to get in touch. We can offer advice about the different shapes and sizes of ERW steel tubes we produce and explain the many applications they are used for.