EXECUTIVE SUMMARY

摘要

Preliminary pipe and tube shipmentsin total, through the third quarter, were justover 13.0 milliontons. Of this,about 6.2 milliontons make up the‘industrialproducts’ while6.8 million tonsare OCTG andLine Pipe. ThisYTD totalcompares to 15.5million tons for thefirst 3 quarters oflast year. Youcan blame it all onoil and gas pricesas OCTGproducts make upmore than theentire deficit,offset some byimproved line pipeshipments.