24
Sep
21:25
Webco nabs profit for fiscal year 2015
Carbon and specialty tubing manufacturer Webco Industries saw an uptick in its fiscal 2015 profits despite continued weakness in the oil and gas industry, Kallanish learns from a company report.
In the fiscal year ended 31 July, Webco generated net income of $900,000 on sales of $414.1 million, up from $400,000 on $409.5 million in fiscal 2014.
“The low price of oil and strength of the dollar are all negative conditions for our industry and many of our …
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Very good overview of the weekly steel market.
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