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29 Sep
15:58

High steel prices drive up Worthington earnings

Higher selling prices and volumes in its steel processing segment drove up first fiscal quarter sales and earnings for US-based Worthington Industries, Kallanish learns. “We again delivered record adjusted earnings per share, led by exceptional results in our steel processing segment,” ceo Andy Rose says in a news release. “We had solid demand across our major end markets but also continued to face challenges with customer shut-downs due to semi-…
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