10
Aug
16:18
AM Castle continues oilfield pullout for increased profits
Specialty metals service centre AM Castle continues to pare back its costs and exposure to the troubled oil and gas market to improve its bottom line, Kallanish learns from the company’s second quarter earnings review.
AM Castle’s loss from continuing operations was $21.3 million on sales of $130.7m. In Q2 2015, AM Castle lost $47.1m on sales of $166.3m.
In the first half of the year, AM Castle shuttered its Houston, Texas, and Edmonton, Alberta, …
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Anonymous
Very good overview of the weekly steel market.
Anonymous