PVF: The Latest on Stainless Steel

PVF: The latest on stainless steel
From ASA’s brand-new February Industrial Piping Division Commodities Report, the stainless market seems to have hit a bit of a lull in January. Still active for quoting projects, but orders have not been following as quickly. Pricing has remained stable with plenty of inventory available. Optimism is still stronger for the balance of the year.

There is concern about the pause for LNG projects going forward. This sector has been one of the strongest in our industry, especially since the Russians disrupted the world. We have plenty of supply in this country and the facilities are great consumers of stainless products and create good-paying jobs.

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To receive a free copy of ASA’s IPD Commodities Report, written by ASA IPD members and a free ASA member benefit, contact ASA’s Bri Baresel at bbaresel@asa.net to receive the new report and to be added to the mailing list.