Worldwide stainless crude steel production declined by 1.0% to 24.3 million metric tons (mmt) in 2005, according to the International Stainless Steel Forum (ISSF). It was the first decline in yearly production since 2001. Production was cut in the second half of 2005 due to dramatically reduced demand attributed to stock reductions by distributors and manufacturers.
Sun Pipe and Valves, LLC, a multi-line stocking wholesale distributor of industrial PVF and waterworks products, has opened in the Saint Lucie West, FL, industrial area. Formed in 2005, the distribution company operates out of a $2 million, three-and-a-half-acre, 35,000-sq-ft. facility and warehouse.
The U.S. International Trade Commission (ITC) announced on April 6 as a result of its five-year (sunset) reviews to keep antidumping duty orders on imports of small diameter carbon and alloy seamless standard, line and pressure pipe from Japan and Romania, and large diameter carbon and alloy seamless standard, line and pressure pipe from Japan.
The increase in heavy commercial and industrial construction projects in the U.S. is causing problems for plant owners and developers procuring the necessary construction equipment for construction sites, according to Industrial Information Resources.