US political gridlock, aging infrastructure challenges for aluminum
Oct 30, 2013 | 03:19 PM
| Michael Cowden
PALM BEACH, Fla. While the future might be bright for aluminum, the sector continues to grapple with a host of challenges, including political gridlock in the United States, the countrys aging infrastructure and the race to build capacity to meet expected demand, industry executives said.
New rules, once in place, can be planned for and appropriate business decisions made, David H. Hannah, chairman and chief executive officer of Los Angeles-based Reliance Steel & Aluminum Co., said. But political theater in Washington has slowed policy-making and increased uncertainty, which hurts business.
"Its when these (regulations) are being kicked around. ... Its that uncertainty that can stifle business development," Hannah said during a chief executive officer panel discussion at the Metals Service Center Institutes aluminum products division conference in Palm Beach, Fla.....
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