23
Apr
01:00
Universal Stainless impacted by commodity prices, surcharge misalignment
Universal Stainless & Alloy Products said its first quarter margins are being negatively impacted by falling commodity prices and a resulting misalignment of surcharges. Additionally, these soft commodity prices and the decline in oil prices will continue to pose challenges over the next few months, despite improving sales, Kallanish learns from the company’s preliminary earnings report.
The company expects to report Q1 net sales of $56m,…
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Anonymous
Very good overview of the weekly steel market.
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