01
Dec
21:08
Webco reports best quarterly results despite increased costs
Despite “turmoil in flat rolled steel” causing increased costs and raw material availability issues, US specialty tubing producer Webco Industries says its latest quarterly results are the best in its history.
In its fiscal 2022 first quarter ended 31 October, 2021, Webco reported net earnings of $14.6 million on sales of $167.5m. These were up considerably from the net loss of $156,000 on sales of $99.8m in the year-ago quarter when it was impacted by…
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Anonymous
Very good overview of the weekly steel market.
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