06
Jun
20:24
Webco nets third quarter profit
Despite reaping a profit in the fiscal third quarter, specialty tubing maker Webco says business conditions remain challenging, Kallanish reports.
Webco earned a profit of $1.3 million on sales of $98.3m in the quarter ended 30 April, up from a loss of $200,000 on sales of $78.5m in fiscal Q3 2016.
“While shipment volumes are up in certain product groups relative to the same period last year, demand is still diminished from a historical standpoint,&rdqu…
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Anonymous
Very good overview of the weekly steel market.
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