21
Jul
21:18
Insteel earnings remain strong in Q3
Decreasing demand for steel from the nation's residential construction market has impacted North Carolina-based US wire rod producer Insteel Industries' sales, but strong demand for steel products from other markets has allowed the company's earnings results to remain resilient.
Kallanish understands that Insteel Industries earned $50 million on sales of $227.2m in the company's third quarter ending 2 July, which is up on-year from the company…
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Anonymous
Very good overview of the weekly steel market.
Anonymous