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(AMM) Metal fabricators face lower '09 demand, pricing: report

January 15, 2009 - 22:10 GMT Location: CHICAGO

While facing lower demand and pricing in the near term, metal fabricators could benefit from any increase in government-led infrastructure spending, according to an industry review of basic materials markets by McGladrey Capital Markets LLC.

The middle-market investment bank based in Costa Mesa, Calif., said in its research report that such spending "is expected to cause an increase in demand for metals and an improved outlook for these commodities in 2009 and 2010."

Metal...

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