Buyers see no need to expand purchasing: as durable goods manufacturing continues to stagger, tube buyers keep slashing in-house inventories. (Steel Pipe and Tube).(Industry Overview) From: Purchasing | Date: March 7, 2002| Author: Stundza, Tom | COPYRIGHT 2002 Reed Business Information. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

Purchasing of steel pipe and tube by manufacturing has declined for the past three years, but the slowdown has been most dramatic during the past 10 months. With the U.S. industrial economy limping along in early 2002, this reduced buying trend for tubular steel doesn't look to end anytime soon.

In fact, buyers of steel tubes for durable goods manufacturers have intensified as-needed buying systems, inventory reduction programs, and outsourcing of value-added tube-based ...

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