Weaker flat-rolled pricing, reduced shipment levels hit Olympic's net

Oct 28, 2005 | 07:12 AM |

Olympic Steel Inc., Cleveland, posted an 88.3-percent decrease in third-quarter net income to $2.2 million on sales that fell 14.7 percent to $208.4 million vs. the third quarter last year. The volume of material sold also declined, slipping 5.5 percent to 305,578 tons in the same comparison.....

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