25
Feb
19:30
Olympic Steel posts record results, remains optimistic
Despite declining carbon steel prices, US flatrolled and tubular service centre chain Olympic Steel is expressing optimism about first quarter business conditions as the stainless, aluminium, and pipe and tube markets remain robust.
The Cleveland-based stockist reports record results for Q4 and full-year 2021. Q4 net income of $24.9 million and sales of $625m pushed full-year income to $121.1m and sales to $2.3m. Income was up significantly from 2020’s net lā¦
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Anonymous
Very good overview of the weekly steel market.
Anonymous