29
Apr
01:00
Universal Stainless sees positive outlook for most end markets but challenges remain
Universal Stainless & Alloy Products says the decline in the price of oil and its impact on demand will continue to pose challenges for the company this year. This is in spite of the company’s positive outlook for the aerospace, power generation, and heavy equipment end markets.
Q1 sales of $56m were up 6% from Q4 2014 and up 20% from Q1 2015. Sequentially, Q1 sales by end market were up 5% in aerospace, up 26% in power gen, up 30% in oil & gas…
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Anonymous
Very good overview of the weekly steel market.
Anonymous