Obama re-election divides US metals industry
Nov 07, 2012 | 04:32 PM
| Catherine Ngai
NEW YORK Metals industry participants who were hoping a change in power at the White House would stimulate fundamental change in the marketplace may have to reconsider their next moves.
On Tuesday, the nationincluding many metal-heavy manufacturing states, such as Ohio and Pennsylvaniare-elected President Barack Obama over former Massachusetts Gov. Mitt Romney.
In the weeks and months leading up to Tuesdays election, some market participants had said they were reining in capital spending as they awaited the results of the raceand subsequent clarity on the future of the regulatory climate (amm.com, Oct. 31). But while the outcome of the election is now a reality, any newfound clarity may not be enough to stimulate activity after all, some market players said.....
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