22
Jul
20:22
Insteel earnings rise quarterly, on-year
US wire rod producer Insteel Industries earnings rose both quarterly and in an on-year comparison in the fiscal third quarter, Kallanish learns.
Insteel earned $18.4 million on sales of $160.7m. In a quarterly comparison, the company's earnings are above its second quarter, in which Insteel earned $14.9m on sales of $139m. On-year, the company's third quarter earnings remain above last year's third quarter during which Insteel earned $6.7m on…
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Anonymous
Very good overview of the weekly steel market.
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