THE STAINLESS PIPE AND TUBE MARKET

摘要

Supported by big import months,2018 is off to a good start in stainlessshipments. What we wonder is what willhappen here, as the 232 will likely take anearly toll on shipments, in a product linedominated by import market share of 76-77%. The early March import levels suggesta volume, if it holds, that will still allowcommerce to happen on a day-to-day basisbut this is before the tariffs take hold. Ourreports suggest that inventory is solid butnot at high levels and while masterdistributors will provide some early buffer,news is that exceptions will take near 90days to process.