08
Jul
16:35
US industrial supplier MSC holds profit line
Industrial supply chain and metalworking equipment supplier MSC saw its fiscal third-quarter profits and sales hold relatively stable on-year, despite a significant dip in industrial demand, Kallanish reports.
MSC earned $77.7 million on sales of $835m in the quarter ended 30 May, down slightly from the $79.6m on sales of $866.5m it earned in fiscal Q3 2019.
“Our fiscal third quarter results reflect strong execution in a tough environment,&rdquo…
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Very good overview of the weekly steel market.
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