21
Jul
20:16
Insteel hopes for infrastructure gains in Q4
Steel reinforcing wire producer Insteel expects gathering strength in the non-residential construction and infrastructure markets to bolster is fiscal fourth quarter results, Kallanish learns from a company release.
Insteel posted a net profit of $13.5 million on sales of $115.6m in fiscal Q3. In fiscal Q3 2015, Insteel recorded a profit of $5.4m on sales of $117m.
"We expect strong results for our fiscal fourth quarter driven by the favorable conditions…
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Anonymous
Very good overview of the weekly steel market.
Anonymous