Americas Market Analysis

摘要

Global economic uncertainties and declining raw material prices are taking a toll on the overall pipe and tube market. However, it appears that seamless tubulars are holding up better than ERW. Demand continues to be steady for both energy and industrial applications. It has flattened a little in past month or so, but has hit a plateau at a fairly high level. Even pricing is holding its own, largely because billet and SBQ continue to be in relatively tight supply, although not quite as tight as they had been a year ago. We believe that prices will continue to be flat to only slightly down through the summer months and then pick up again in line with general economic activity in September or October.