Action needed on steel overcapacity: Bouchard

Jun 19, 2013 | 05:33 PM | Samuel Frizell

Tags  Craig Bouchard, Cambelle-Inland, steel overcapacity, Morgan Stanley, Steel Success Strategies conference, SSS conference, Samuel Frizell

NEW YORK ­— Steel industry leaders need to make strong moves to combat chronic overcapacity and low profit margins, according to Cambelle-Inland LLC chairman Craig Bouchard.

"From the leaders of the steel industries, we need significantly different action. We need big changes or the steel industry is not going to regain its health from a return-on-investment perspective," Bouchard said in a presentation at the Steel Success Strategies XXVIII conference in New York, sponsored by AMM and....

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