Pipe distributors hope for flat-rolled cutback

May 16, 2013 | 04:19 PM | Thorsten Schier

Tags  steel pipe, steel tube, pipe and tube distributors, MSCI, thorsten Schier

NEW YORK — Pipe and tube distributors say they would welcome a move by flat-rolled steelmakers to take capacity offline in order to prop up pricing for the substrate.

"Everybody’s hoping that some of the flat-rolled mills will take out some capacity," one Midwest distributor source said.

Flat-rolled steel distributors have been lamenting excess production capacity’s effect on pricing (amm.com, May 15).....

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