ALJ profits rise despite weak steel prices
Jan 02, 2013 | 04:03 PM
| Michael Cowden
PITTSBURGH ALJ Regional Holdings Inc.s profits expanded as economic strength in the middle of its fiscal year helped offset weaker steel prices in its fiscal fourth quarter.
The Ashland, Ky.-based parent of merchant bar quality and special bar quality (SBQ) flats producer Kentucky Electric Steel posted net income of nearly $13.28 million for the year ended Sept. 30, up 16.3 percent from $11.42 million the previous year despite a 2-percent decline in revenue to $158.78....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.