31
Jan
19:09
Atkore passes through higher steel costs
Having been able to successfully pass through higher steel input costs, US tubing and electrical infrastructure producer Atkore International is reporting higher overall sales despite lower volumes. The company is also increasing its expectations for its fiscal year 2022.
In the fiscal 2022 first quarter ended 24 December, Illinois-based Atkore posted net income of $205 million on sales of $642m. Compared to the same quarter a year earlier, income was up 140% and …
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Anonymous
Very good overview of the weekly steel market.
Anonymous