Lagging economy points to flat tube market outlook
Sep 30, 2012 | 07:00 PM
| Myra Pinkham
Tags
mechanical tube,
mechanical tube outlook,
William A. Wolfe,
Steel Tube Institute of North America,
Paul Vivian,
mechanical tubing shipments,
Christopher Plummer,
Metal Strategies
Myra Pinkham
While industry observers’ views on the future are clouded, the consensus is that the mechanical tubing market will be largely unchanged for the rest of this year and into next year, with a slight uptick possible depending on what direction the domestic and global economies take.
“Right now, mechanical tubing demand is OK. It isn’t great, but it isn’t atrocious either. But it has been weakening a little in the past few months,” said William A. Wolfe, executive director of the Steel Tube Institute of North America. The fact that mechanical tubing is used for some of the stronger end-use applications—including the automotive, heavy equipment, and oil and natural gas sectors—has helped buoy demand somewhat.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here