In a pickle
Feb 24, 2009 | 06:36 AM
|
Toll processing has never been the most glamorous part of the metals industry. Processors don't make steel; they don't buy steel; they don't own steel. But it's a critical part of the North American metal supply chain, and right now it's suffering badly.
As AMM's Chicago-based correspondent, Corinna Petry, discovers in this month's cover feature (page 28), the sector is in a uniquely vulnerable position stuck between the catastrophic decline in the sectors that make up their traditional customer base—auto, construction and appliances—and cutbacks at steel producers. As one executive notes, "If people aren't buying value-added services for flat-rolled steel, what is a pickler going to pickle?"....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here