News

Titan Steel is Quoted in The Wall Street Journal

Baltimore, MD – October 31, 2014

William Hutton, president and CFO of Titan Steel Corporation, was quoted in The Wall Street Journal for an article on the recent economic growth of the United States:

Business in the U.S. has shown “very steady, very commendable performance,” said Bill Hutton, the president of Titan Steel Corp., a Baltimore-based maker of tinplate steel used in paint, aerosol and food cans. Car sales and energy production have helped the steel industry make up for weak residential and commercial construction.

 

One question now is how the economy will fare if global growth sags. The 18-nation eurozone risks entering its third recession in five years, while concerns also mount about China’s slowing economy and Japan’s struggle to escape decades of stagnation.

 

“Europe is a tough story,” Mr. Hutton said. “But the biggest concern right now is the growth of China.” The country’s falling demand and growing steel capacity is “the sort of thing that keeps you up at night.”

The full story, U.S. Economy Grows at Steady Clip, is available via The Wall Street Journal. To view, click here.

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Titan Steel Corporation is an independent global steel distributor specializing in tinmill and flat rolled products. Founded in 1946, Titan Steel has over 65 years of global sourcing, processing and distribution experience. We specialize in all end markets for light-gauge steel, including food cans, general line cans, crown caps, automotive parts, electronic components, and household products. Customers in over 30 countries rely on Titan Steel every day, and we have deep relationships with the leading steel mills around the world.