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Thursday, April 29, 2010 5:28:47 AM
In his prepared remarks, Steven Rowley noted that “the U.S. wallboard industry capacity utilization remained about the same this past quarter, at around 50% and the downward trend in pricing continued during January and February. However, in March, American Gypsum was successful in implementing a wallboard price increase and they have announced plans for another price increase in May.”
That wallboard prices might rise in the face of inadequate capacity closure is remarkable; it is surprising to find that many think it might be sustainable.... To quote Steven Rowley from the Apr 26 Q4 CC:
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