Carbon steel fittings & flanges report: August 2018
Inventory levels and availability for A105 BW fittings and flanges remain good. Activity has remained steady even amid issues that include tariffs, dumping suits and uncertainty for future projects. Many people are reporting that projects have remained on a track to move forward even with the additional costs of products over the last 2 quarters.
The most recent risk of doubling of tariffs on steel from Turkey has caused new concerns. The market for A105 BW fittings and flanges has been impacted by the lawsuits for dumping and countervailing that were filed last year by several U.S. producers. There are no reports of imminent price increases above current levels. If more projects move forward there could be some additional demand on supplies.