CRML SHEET Offshoring has all but obliterated the US consumer base
Mar 01, 2008 | 01:36 PM
|
U.S. buyers of semi-processed cold-rolled motor lamination (CRML) sheet are battling global forces as they attempt to hold on to a dwindling market share. Being a small market to begin with, it's not an easy battle.
With few options and little optimism for improved market conditions in the near term, numerous U.S. customers are relocating operations to China and Mexico amid a domestic housing market that continues to lag.
One stamper no longer involved in the CRML business summed up market conditions fairly succinctly "We're not in that business any more. If we were in that business right now, we'd be out of business because all of that business went to China."....
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