20
Feb
19:42
Valmont increases profits on weak steel pricing
US infrastructure services provider Valmont Industries saw a substantial profit increase on-year, driven partially by weaker US steel prices, Kallanish reports.
The company as a whole earned $153.77 million on sales of $2.77 billion in 2019, up from earnings of $94.35m on flat sales in 2018.
Lacklustre steel prices primarily benefited the company’s utility structure segment, partially offset by a dip in its galvanizing and coating business…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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