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NS Group (NYSE: NSS).(Interview)

Publication: Oil and Gas Investor

Publication Date: 01-SEP-05
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COPYRIGHT 2005 Hart Publications, Inc.

Oil and Gas Investor: Describe the strategy that drives your company.

Robichaud: Low-cost and high-quality oilfield service supplier specializing in tubular products today.

OGI: Do you see steel costs continuing to rise?

Robichaud: The cost of steel has been coming down. We had very high costs in August, September, October of last year, but since then, they've been coming down.

OGI: What's been responsible for the decline?

Robichaud: It's just like oil and gas. You have more supply than you have demand. Because of that, extra supply came on the market, some imports were coming in (depends on the kind of steel you're talking about);...

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