05
Nov
16:13
AM Castle posts Q3 loss, but still prospecting
US specialty metals and plastics distributor AM Castle is hunting for bright spots in a tough overall steel market to round out the year, the company said Thursday in its third-quarter earnings review.
AM posted a net loss of $26.3 million on sales of $184.7m in Q3, down from a loss of $7.3m on sales of $245.5m in Q3 2014. Its metals division generated sales of $150.6m during the quarter, down -28.5% from the same quarter last year. The company’s average p…
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Anonymous
Very good overview of the weekly steel market.
Anonymous