05
Feb
17:43
Carpenter sees energy sector down until 2017
Specialty US steelmaker Carpenter Technology Corp believes it could be 2017 before the domestic energy market starts to show signs of life, Kallanish understands from a company conference call with analysts.
Carpenter executives say relying on a value-added product mix led the company to $11.5 million in profits during its fiscal second quarter despite continued weakness in the energy market.
That strategy will have to be an on-going enterprise, says ceo Tony…
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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