08
Jan
16:44
AZZ secures fiscal third-quarter profit on galvanized demand
US diversified galvanizer and electrical services provider AZZ returned to profitability in the fiscal 2019 third quarter, partially due to an uptick in galvanized steel demand, Kallanish reports.
AZZ generated a net income of $15.4 million in the quarter ended 30 November on sales of $239.5m, up from a loss of $200,000 on sales of $208.2m in fiscal Q3 2018.
Ceo Tom Ferguson notes that the company’s metal coatings segment saw a 6.3% boost in revenue on …
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Very good overview of the weekly steel market.
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