Northwest Pipe in red for quarter, year
Mar 17, 2014 | 03:28 PM
| Thorsten Schier
NEW YORK Northwest Pipe Co. sees challenges continuing after logging further losses as water transmission backlogs remain thin, in addition to pressure on tubular products from imports and additional domestic capacity.
"We expect that the first quarter of 14 will remain challenging for both sides of the business," president and chief executive officer Scott Montross said in a call on its earnings results.
In tubular products, comprising its oil country tubular goods (OCTG) and line pipe business, he said the ongoing OCTG anti-dumping casein which Northwest Pipe is a petitionervs. nine countries "has not yet had a significant impact on sales price or volumes. The preliminary decision ... was not favorable."....
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.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.