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ABC Metals, Inc. 2010 Commodity & Business Report 10.04.10. 2010- in our rearview mirror. Big news for most of the nation past twelve months was the continuing recession At best  sluggish, jobless recovery Auto sales, production and inventories. Business Conditions- Macro.

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abc metals inc

ABC Metals, Inc.

2010 Commodity & Business Report

10.04.10

2010 in our rearview mirror
2010- in our rearview mirror.
  • Big news for most of the nation past twelve months was the continuing recession
    • At best  sluggish, jobless recovery
      • Auto sales, production and inventories
business conditions macro
Business Conditions- Macro
  • Note- Automotive and Housing are the largest consumers of copper in the NA market place.
  • Auto Production Down 63% from Feb 07- (low pt. dn. 70% with annualized production at 4.3mil LD Vehicles.)
  • Current Auto Production up 21% from low point.
  • SAAR rate of production is approx 8.5 mil
2010 in our rearview mirror5
2010- in our rearview mirror.
  • Big news for most of the nation past twelve months was the continuing recession
    • At best  sluggish, jobless recovery
      • Auto sales, production and inventories
      • Housing permits & starts
2010 in our rearview mirror13
2010- in our rearview mirror.
  • Big news for most of the nation past twelve months was the continuing recession
    • At best  sluggish, jobless recovery
      • Auto sales, production and inventories
      • Housing permits & starts
  • ABC recovered nicely
    • Adapted to tougher demands
      • Fine-tuned systems, processes
      • Leaner organizations, new methods
    • Sales rebounded to near pre-recession levels;
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