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02 May
16:33

Auto sector driving blind, Reliance says

The beleaguered US auto industry is reacting as best it can to volatile market conditions, but future visibility remains murky, says Reliance Steel and Aluminum executives on a recent earnings conference call.  Reliance president Karla Lewis says auto is “operating with the least visibility that they’ve had in quite some time, and they’re just reacting to support their customers.” Most production schedules are being done week-to-week,…
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