The bad news is nobody can really see a recovery on the horizon for the industrial PVF market, what with worldwide over-capacity for most industrial goods. The good news is, well, there's at least some hope the bottom has been reached, and most manufacturers and distributors belonging to ASA's Industrial Piping Div. (IPD) have weathered the storm.
More specifically, here is a summary of July's biannual Commodity Reports from the IPD. More detailed information is available to IPD members exclusively via the Commodity Reports newsletter.