19
Jan
21:42
Universal Stainless expects Q1 loss, despite increasing sales
Quarterly sales are projected to be up by nearly one-fifth in Q4 for the Bridgeville, Pennsylvania-based Universal Stainless & Alloy Products. However, the company still anticipates it will incur a nearly $4 million net loss for the quarter.
Kallanish learns from the company's preliminary performance results that net sales are projected to increase by 22% sequentially at the end of last year due to increased demand from downstream markets. Universal Stainl…
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Anonymous
Very good overview of the weekly steel market.
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