Horsehead’s net down as zinc tags fall

Nov 07, 2008 | 10:12 AM | Michael Marley

A steep slide in zinc prices and weaker metal sales reined in third-quarter revenue and earnings for Horsehead Holding Corp., the parent company of Horsehead Corp.

The Pittsburgh-based zinc recycler said its net income sagged to $9.4 million during the quarter, down 61.1 percent from $24.2 million in the same period last year, on sales that fell 18.5 percent to $109.2 million from nearly $134 million.....





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