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To: Bernhard Michaelis who wrote (31520)11/5/1998 3:56:00 PM
From: Redman  Read Replies (1) | Respond to of 95453
 
I don't think so. It is a two sided coin for mavk. On one side, they can get the raw steel to cut OTCG pipe from overseas, therefore saving a bundle on the raw material. On the other side of the coin, a lot of the steel coming in is already cut OTCG pipe, therefore putting pressure on prices. So, either way it is probably a wash--but I would have to say that a tariff on imported steel would be better for mavk as margins (prices) would improve and the US steel companies are already making their steel available alot cheaper than in years past.

red