18
Mar
14:48
Ampco makes long-awaited return to profitability
US mill roll producer Ampco-Pittsburgh returned to the black during fiscal 2020, Kallanish reports.
Ampco earned $8 million in the fiscal year ended 31 December on sales of $328.5m, up from a loss of $21m on sales of $397.9m in 2019.
“The restructuring initiatives and efficiency improvements our team has been engaged in over the past two years have positioned us to face these challenges and deliver our first profitable year since 2015 while impr…
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Very good overview of the weekly steel market.
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