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03 Mar
21:29

Tree Island's earnings rise due to higher pricing

Increasing construction demand in North America led to strong earnings for Canadian wire producer Tree Island Steel last year, Kallanish learns from the company's latest performance results. Tree Island earned $59 million on sales of $76m in the fourth quarter of 2021, driving up the company's full-year earnings to $88m on sales of $301.8m. On-year, Tree Island's earnings are up from $5.1m on sales of $215.9m in 2020. The company's fourth quarter e…
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