22
Sep
17:55
Webco moves back to black in fiscal 2017
US carbon and stainless tube manufacturer Webco Industries returned to profitability in fiscal 2017, Kallanish reports.
Webco posted a net profit for the fiscal year ended 31 July of $5.6 million, up from a loss of $3.2m in fiscal 2016.
“Manufacturing in the United States continues to be under great pressure from the high costs required to produce goods in the US and unfair dumping of low price foreign products,” says ceo Dana Weber. “Our cu…
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Very good overview of the weekly steel market.
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