05
May
15:00
Synalloy losses deepen in the first quarter
US specialty steel and chemical producer Synalloy remained in the red during the first quarter, Kallanish understands.
Synalloy posted a loss of $1.2 million during the quarter on sales of $74.7m, down from a loss of $900,000 on sales of $84.8m in Q1 2019.
“Pricing was under pressure for all products in the metals segment,” says ceo Craig Bram. “Product mix improvements in the welded stainless-steel pipe product line helped to offset…
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Anonymous
Very good overview of the weekly steel market.
Anonymous