05
Mar
15:44
Tree Island Steel earnings increase in 2020
Canadian steel wire producer Tree Island Steel experienced on-year and quarterly gains in the company's fourth quarter and full-year financial results for 2020, Kallanish reports.
In 2020, Tree Island earned $5.1 million on sales of $215m. This is up from a loss of $5.2m on sales of $200m during 2019. According to the company, the revenue increases have primarily been driven by higher shipped volumes, with growth in the company's agricultural, industrial, …
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Very good overview of the weekly steel market.
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