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24 Jul
13:10

Flat shipments, pricing to come in Q3: Reliance

Flat steel pricing and shipment volumes will likely characterise the third quarter, says US service centre chain Reliance Steel & Aluminum.  Continued improvement in the construction and auto sectors will be offset by further declines in aerospace and energy, exacerbated by normal seasonality, the company says. As a result, third-quarter tons sold will be sideways-to-up about 2%, the company says.  Metals pricing is expected to be flat across the bo…
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