Steel, US on mend but obstacles linger: CMC

May 08, 2012 | 03:35 PM | Chris Prentice

Tags  Joe Alvarado, CMC, steel, AIST, Chris Prentice

ATLANTA — The outlook for the U.S. steel industry is steadily improving in 2012, though long-term strength remains to be seen, according to Commercial Metals Co. president and chief executive officer Joseph Alvarado.

"While there is no doubt that we’ve gone through one of the worst recessions since the early 1900s, there is a light at the end of the tunnel and it is getting brighter," Alvarado said during his keynote address at the Association for Iron and Steel Technology’s 2012 President’s Award Breakfast in Atlanta.....

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