Reliance exec favors plate price hikes
Feb 22, 2013 | 05:37 PM
| Corinna Petry
CHICAGO Reliance Steel & Aluminum Co.s carbon steel plate shipment volumes have held steady, but falling prices hurt margins last year and still havent recovered, and the service center chains chief operating officer hopes that buyers accept the most recent increase attempt.
"Our volumes on plate are reasonable. Theyre not at peak, (but) weve certainly seen them worse than this, by quite a bit. So were really not complaining about the volumes," president and chief operating officer Gregg J. Mollins said during the Los Angeles-based companys Feb. 21 conference call.....
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