The Federal Reserve’s “Beige Book,” which describes economic conditions throughout the central bank’s 12 districts, summarizes the overall outlook as “modest to moderate.”
The Global Group, which includes Global Stainless Supply, Global Pipe Supply and Forgings, Flanges and Fittings, has consolidated its websites and changed email contact information.
The startup of the new Cushing market link pipeline to the Gulf Coast, as well as strong Midwest refining runs helped reduce oversized oil inventories at the Cushing, Okla., storage hub to the lowest level in two years.
With the launch of Amazon Supply and Google Shopping for Suppliers, having a functional, viable and compelling e-commerce platform is more important now than ever before for PHCP and PVF wholesalers.
Most energy analysts have been surprised by the recent price climb of West Texas Intermediate crude oil to more than $100 per barrel. Since U.S. demand, which reflects the domestically extracted “light crude,” traditionally generates its lowest prices in the winter months, historically annual prices dropped accordingly in 2013, during which prices averaged from the low to middle $90s.
MRC Global recently announced fourth-quarter and full-year 2013 results. The
April 11, 2014
MRC Global recently announced fourth-quarter and full-year 2013 results. The company’s sales increased 3% from $1.31 billion in the fourth quarter of 2012 to $1.34 billion in the same quarter of 2013.
In my report on the recent winter PVF Roundtable meeting in Houston, Supply House Times columnist and ASA Industry Analyst Morrie Beschloss used the signature sign-on line from World War II-era radio commentator Gabriel Heatter to describe the outlook for the industrial PVF industry.
The PVF Roundtable picked up where it left off in 2013.
March 12, 2014
The popular industrial pipe, valves and fittings quarterly gathering established yet another attendance record in its debut in late February at the Westin Galleria in Houston.