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SCO <br />MANUFACTURED <br />PRODUCTS DIVISION <br />January 8, 20.1.8 <br />Market Update — Aluminum Pricing Volatility <br />To Our Valued Customers: <br />In an effort to keep you informed and prepared, we would like to share information that <br />will impact our industry in the near future. The U.S. Department of Commerce opened <br />an investigation into the illegal dumping and subsidies of aluminum exports from China. <br />While this investigation is not related to Grimco, it is already having a major impact on <br />the aluminum market as a whole. This impact is causing raw materialprices to be <br />unpredictable and unstable, driving significant -increases over the past 2 -3 weeks. <br />At this time, we are not announcing any changes to our current pricing; however, we do <br />want to make everyone aware that changes are more than likely in front of us. We expect <br />to understand more about this investigation and the response from the world aluminum <br />market in the near future. For additional information regarding this communication, <br />please visit the below website or contact your sales representative. <br />https://ww-w.commerce.gov/news/press=releases/2017/11/us-department-commerce-self.- <br />initiates-historic-.antidumping-and <br />Sincerely, <br />Michael Sparks <br />Director, Manufactured Products <br />Grimco, Inc. <br />1585 Fencorp Drive r Fenton, Missouri, 63026 - Phone: 800-542-9941- www.gdmco.com <br />124 <br />