30
Jul
01:00
Decline in energy market causes concern for Carpenter Technology
The significant decline in the energy markets remains a primary concern for US special steel producer Carpenter Technology Corp. The weakness will intensify the seasonal volume decline it normally faces in the current quarter, president and ceo Tony Thene cautioned this week in the company’s quarterly earnings release.
Carpenter reports net income of $22.5 million for its fourth fiscal quarter ended 30 June 2015. This compares to $38.1m in the pr…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous