22
Oct
15:44
Carpenter Technology earnings sink on Covid-19 challenges
US specialty steel supplier Carpenter Technology sunk into the red during the company’s fiscal first quarter ended 30 September, Kallanish learns from its quarterly earnings review.
Carpenter lost $47.1 million in fiscal Q1 2021 on sales of $353.3m, down from fiscal Q1 2020’s earnings of $41.2m on sales of $585.4m.
“During the first quarter, we further strengthened our liquidity position through solid operating and free cash flow gen…
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Anonymous
Very good overview of the weekly steel market.
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