28
Sep
19:40
Worthington Q1 profit rises, led by steel processing
Worthington Industries says its fiscal first-quarter profit rose, aided by Ebit more than doubling at the company’s steel processing division.
The Columbus, Ohio-based service centre operator and steel processor is now experiencing some customer destocking and expects lower inventory values and the US automotive strikes to create challenges in the current quarter, Kallanish gleans from examining Worthington's earnings report and conference call.
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous