Metal execs see real growth softening
Dec 12, 2011 | 04:05 PM
| Jo Isenberg-O’Loughlin
Tags
CFO survey,
GE Capital Americas,
Greg Eck,
hedging,
Jo Isenberg-O'Loughlin
NEW YORK — A survey of more than 50 chief financial officers across a broad range of metal, mining and metal fabrication companies found that optimism about the state of their industries has cooled, with expectations for industry expansion falling significantly.
"The responses from the metal CFOs followed the overall survey trends that reflect a general softening in real growth as well as a decline in expectations over the next 12 months," Greg Eck, senior vice president of metals and mining for surveyor GE Capital Americas, told AMM.....
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