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11 May
20:52

Metals sales continue to boost Synalloy's earnings

Elevated steel prices helped push US speciality pipe and tubulars producer Synalloy's earnings to record-level highs for the second consecutive quarter in a row during Q1 2022, Kallanish understands. Synalloy earned $10.26 million on sales of $116.22m in the first quarter of the year, up from earnings of $1.09m on sales of $69.78m in the same period of last year. Sales from the company's metal segment reached $88.5m during the first three months …
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