Pipe
Despite increased notices and talk of Section 232 announcements, this panel of writers has seen a carbon steel market that has remained flat to-date. Inventory levels are up, in many cases, and the demand does not justify increases at this time. It is reasonable to anticipate pricing to remain flat over 1Q18 and 2Q18. The exception is likely Korean and other select imports that will realistically see an increase of about 10% midyear with a focus on larger diameter.
Welded Fittings & Flanges
Pricing has stabilized after rising sharply immediately following the anti-dumping lawsuits filed. Pricing is flat as the market awaits the decision on dumping. Most polled expect the decision to be favorable to U.S. manufacturers, which would likely result in price increases and longer lead times.
Forged Steel Fittings
Dumping lawsuits on imports from China, Italy and Taiwan have caused a sharp increase on import pricing. For the time being, one of the largest import manufacturers has stopped shipping to the United States. Large importers are looking for their next source and there are short-term concerns about material availability until new sourcing is found. Activity is strong in industrial markets, specifically oil, which consumes large quantities of forged steel fittings. Domestic manufacturers are operating near full capacity.
The American Supply Association (ASA) and its Industrial Piping Division (IPD) is the national organization serving wholesaler-distributors and their suppliers in the industrial and mechanical pipe-valve-fitting industry. As a powerful alliance of channel partners, we provide a forum for your upstream trading partners to exchange critical information and address key issues.
In particular, ASA’s IPD members constantly check the pulse of the materials and commodities they proudly supply to you. ASA’s IPD members are knowledgeable industry leaders, and those who volunteer their service on the IPD Executive Council compile and prepare the IPD Commodity Reports. The Reports contain some of the most current and qualified market data and information available from the industry’s leading manufacturers and distributors about emerging trends and other price-influencing actions and events.
This information is an example of how ASA’s IPD manufacturer and distributor members are constantly looking ahead to ensure you have information and resources you need to be successful. Learn more at www.AdvanceYourAbility.com.
