14
Mar
17:55
Ampco hopes for stronger 2018
Industrial services and mill roll provider Ampco-Pittsburgh Corporation fell back into the red in 2017, though improving business conditions in both steel and hydrocarbon production signal a stronger 2018 to come, Kallanish reports.
Ampco posted a net loss of $12.1 million in 2017 on sales of $432.4m. In 2016, the company lost $79.8m on sales of $331.9m.
“Although we missed our objective of returning to operating profitability by the end of 2017, we mad…
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