16
Nov
16:40
Empire trades steel sales for aluminum in Q3
Semi-finished metals distributor Empire Resources Inc was able to balance sagging US steel sales in the third quarter with an uptick in aluminium shipments, Kallanish learns from the company’s quarterly earnings review.
Fort Lee, New Jersey-based Empire posted a Q3 gross profit of $5.3 million on net sales of $122m, down from $7.5m on sales of $159.4min in Q3 2014.
“Compared with the 2015 second quarter, strong sales growth in Europe and solid rec…
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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