Oregon Steel eyeing 4th-qtr. pickup after lull
Nov 04, 2005 | 09:45 AM
Falling slab prices will help Oregon Steel Mills Inc. improve its operating results in the fourth quarter, despite a third-quarter falloff.OREGON STEEL MILLS INC.(in thousands except per share) 200520043rd qtr. ended Sept 30Net sales$299,680$348,332Net income$20,240$50,343Per share0.571.879 months ended Sept 30Net sales$930,603$882,498Net income$77,015$71,888Per share2.152.69A 16.6-percent drop in shipments in the third quarter was only partially offset by a 3.2-percent rise in average selling prices, and net income fell 59.8 percent compared with the same period last year.....
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