Trade Resources Industry Views The Demand of Pipes Consumption Was Likely to Remain Sluggish in 2013

The Demand of Pipes Consumption Was Likely to Remain Sluggish in 2013

Luxembourg-based tubulars producer Tenaris reportedly has predicted that the demand of pipes consumption was likely to remain sluggish in 2013. However, the company also needs to make an adjustment along with new strategy to approach business in the region.

Meanwhile, the Latin America including Venezuela, Mexico, Brazil and Colombia will have different situations to face and solve in this year. For example, Venezuela’s pipe market for exports is expected to be quiet. Argentina’s market will depend on the country’s development as well as Mexico.

Source: http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=63207&division=A4
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Tenaris to Forecast Weak Demand for South America in 2013
Topics: Metallurgy