03
Jun
18:42
Weak industrial demand bites into Webco profits
Specialty carbon and stainless tubing producer Webco Industries posted a loss in its fiscal third quarter due to generally weak industrial demand, Kallanish learns from a company review.
Webco lost $200,000 in fiscal Q3 on sales of $78.5 million, down from net income of $500,000 on sales of $103m in fiscal Q3 2015.
“The industrial economy has continued to be difficult for almost all that are associated with the metal and energy industries,” says c…
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Anonymous
Very good overview of the weekly steel market.
Anonymous