What follows is a summary of the February biannual Commodity Reports from ASA's Industrial Piping Division. More detailed information is available to IPD members exclusively via the Commodity Reports newsletter.
Welded pipe prices have undergone a roller coaster ride, dropping to their lowest levels in 20 years in 2001, then zooming upward in 2002 by more than 60% in some cases owing to the Section 201 tariffs, but starting to "crater" in mid-fourth quarter of last year.