22
Oct
19:06
Energy, industrial weakness hits Carpenter sales
US stainless and specialty metals producer Carpenter Technology Corporation saw demand fall across most of its product sectors during its fiscal first quarter, Kallanish learns from a company release.
Despite a 3% sales uptick in aerospace and defence and a 19% uptick in transportation markets, Carpenter’s total sales fell in the quarter ended 30 September to $455.6 million from $549.8m last year. Profit gained during the quarter was $8.9m, down from $13.5…
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Anonymous
Very good overview of the weekly steel market.
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