19
Jul
20:12
Insteel expects demand boost from infrastructure, commercial projects
Insteel Industries sees a stronger demand outlook and improving market fundamentals, Kallanish discerns from the company's fiscal third-quarter earnings report.
Shipments increased 20.8% on a sequential basis for Insteel's quarter ended 29 June, helped by improving demand for reinforcing products. Management says this validates the view that inventories have largely corrected.
"Looking ahead to fiscal 2025, we are optimistic about our business outloo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous