05
May
20:26
Olympic Steel reports profitability across business sectors
Ohio-based metals service centre operator Olympic Steel reported operating income of $17.7 million on sales of $573m in the first quarter, Kallanish understands. The company’s net income equalled $9.9m.
In Q1 2022, Olympic Steel reported sales of $696.3m, operating income of $53.1m, and net income of $37.3m.
“All three of our segments reported solid profitability, including the second-most-profitable quarter ever for our tubular and pipe products seg…
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Very good overview of the weekly steel market.
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