Pipe margins hurt by imports, Synalloy says

Apr 19, 2013 | 04:18 PM | Thorsten Schier

Tags  Synalloy, quarterly earnings, stainless pipe, pipe imports, carbon pipe, piping systems, Thorsten Schier

NEW YORK — Synalloy Corp. posted higher first-quarter net income despite crimped margins in its metals segment.
Imports of stainless pipe from Malaysia, Vietnam and Thailand "are entering the country at significantly reduced prices," the company said in an April 19 earnings release. ....

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