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08 Aug
18:47

Ampco records $1.9m Q2 loss

Steel mill services company Ampco-Pittsburgh recorded another net loss in the second quarter, Kallanish learns from the company’s quarterly earnings review. Ampco posted a net Q2 loss of $1.9 million on sales of $110.6m, up from a loss of $6.5m on sales of $93.3m in Q2 2016. “Despite rising costs and a lag in pricing improvement, I am please with our sequential sales growth in Q2 and especially the growth in our order book,” says ceo John St…
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