Turnaround to come in 3rd qtr.: Goncalves

Jun 24, 2009 | 11:31 AM | Corinna Petry

Metals USA Inc.'s top executive sees business conditions improving during the third quarter vs. the second quarter—the bottom of the current recessionary cycle for manufacturing, the overall economy and metals demand.

"We are already seeing orders increasing and our end-user customers are having more activity, and that should be reflected in third-quarter performance," Lourenco Goncalves, chairman, president and chief executive officer of the Houston company, said Wednesday during an interview with AMM at the Steel Survival Strategies XXIV Conference in New York.....

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