THE STANDARD PIPE MARKET

摘要

Some recent conversations withmarket participants in the standard pipesector have either found them worn out fromthe fight or beginning to see some light.When further quizzed, even the worn outcrew suggests that better times are on thehorizon. Nobody however expects a bigboom or even fireworks. While shipmentshave had month over month improvementswhich have narrowed the year over yeardeficit to 2013, will demand be strongenough late in the year to catch-up? Even ifit does, recovering to 2012 volumes ishighly unlikely. That was certainly a betteryear but still not what we had come toexpect out of this sector prior to therecession.