Reliance sees gains for toll processing in 2014

Feb 20, 2014 | 05:13 PM | Michael Cowden

Tags  metals, distribution Reliance Steel & Aluminum, toll processing, auto market, Greg J. Mollins, automotive aluminum, light-gauge aluminum body sheet, 2014 outlook Michael Cowden

CHICAGO — Reliance Steel & Aluminum Co. expects its toll processing operations to benefit from strong 2014 growth in the automotive sector, company executives said.

The Los Angeles-based service center’s toll processors in the United States and Mexico are forecasting better volumes in 2014 than last year, Reliance president and chief operating officer Gregg J. Mollins said in an earnings conference call with analysts Feb. 20.....

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