1 / 6

NASPD 2010 Annual Convention

Pipe and Tube Comments. NASPD 2010 Annual Convention. Preston Publishing Co Paul Vivian Rick Preckel. Feb 2010. Economic Recovery. Why do we need to know now? Market says tell us the long term plan…why? Understand risk..lesson of the day Look at the history

havily
Télécharger la présentation

NASPD 2010 Annual Convention

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Pipe and Tube Comments NASPD 2010 Annual Convention Preston Publishing Co Paul Vivian Rick Preckel Feb 2010

  2. Economic Recovery • Why do we need to know now? • Market says tell us the long term plan…why? • Understand risk..lesson of the day • Look at the history • Feeling good does NOT create demand • Fall is over…so what does up look like? • Most pipe markets have seen some uptick PrestonPublishing Co

  3. Industrial/Construction Pipe • Standard Pipe • Shipments better but still off 35% • Import market share level with pre-drop rate • Non- resi forecast is weak • Prime Structural • Price is the news of the day • Early demand uptick all but gone? • Leading indicators here still weak • Inventory inline and imports no worry Preston Publishing Co

  4. Energy Products • What is the state of demand? • What’s driving the rig count? • OCTG • Line Pipe- large and small OD Preston Publishing Co

  5. late 2010 & Pipe…our take on 2011 issues • Raw materials…helping or hurting? • Demand here is better but good enough? • Stimulus spending • Exports..but for how long will cost allow? • Supply management –next 3 months critical Preston Publishing Co

  6. Pipe & Tube • 2009 for All Pipe & Tube doesn’t make 11 M • Trade cases are a hot topic • Market is segmenting • Price reconnected with steel in most products • Hot Spot- Drilling • 2010-11 Wrap, 12.6 M forecast for 2010 becomes 13.2 M for 2011…not what we had hoped for! • Wrap up- Questions? Preston Publishing Co

More Related