09
Mar
19:19
Webco earnings rise, raw materials costs passed through
US specialty piping producer Webco has been successful in passing through higher raw material costs, allowing the company to post favourable results for its second fiscal 2022 quarter, which ended 31 January.
“Unprecedented highs” in the cost of hot rolled carbon steel moderated somewhat in the quarter as other raw materials, non-steel supplies, labour, and operating costs continued to rise.
“Where possible, we passed on the increased costs to o…
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Anonymous
Very good overview of the weekly steel market.
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