04
Aug
19:16
Olympic 'optimistic' about US steel demand, seeks acquisitions
US service-centre operator Olympic Steel says its revenue and profit declined in the second quarter year-over-year, with Kallanish learning that lower pricing more than offset a 2.4% increase in distribution sales volumes.
The Cleveland-based company forecasts healthy steel demand and says it is seeking acquisitions and opportunities for organic growth.
Olympic ceo Richard Marabito calls the current overall economic outlook "somewhat unsettled" but he …
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Anonymous
Very good overview of the weekly steel market.
Anonymous