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 Premium News Article
Metals & Minerals Industry Project Deferrals Increase as 2009 Approaches
SUGAR LAND--November 13, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Because of the current economic climate and financing/credit problems, Metals & Minerals companies in growing numbers are reducing production and capital spending plans for 2009. Along with Freeport-McMoRan (NYSE:FCX) (Phoenix, Arizona), other companies announcing production cutbacks and project deferrals include Alcoa (NYSE:AA) (New York, New York), AK Steel (NYSE:AKS) (West Chester, Ohio) and RTI International Metals Incorporated (NYSE:RTI) (Niles, Ohio).
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Industry Segment: Metals & Minerals
Word Count: 492 Words
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