THE LINE PIPE MARKET

摘要

A quick review of the chart below shows a pretty flat rig count combined with declining small diameter line pipe shipments. As our readers know this is a pretty typical seasonal pattern as we move into the most difficult part of the construction season and we “inventory down” for year-end tax computations. Our projection for 2013 will likely end up being a little light due to the issue we mentioned on the front page with the October import situation.