Tree Island shipments climb as US construction improves

Aug 12, 2013 | 10:23 AM | Samuel Frizell

Tags  Tree Island Steel Ltd., wire rod, wire mesh, earnings report, nails, galvanized wire, Samuel Frizell

NEW YORK — Tree Island Steel Ltd.’s second-quarter shipment volume increased 12.3 percent from a year earlier thanks to increasing demand in U.S. markets.

The Richmond, British Columbia-based company’s revenue rose 2.5 percent to Canadian $40.6 million ($39.4 million) in the three months ended June 30 from C$39.6 million in the same period last year as shipments increased to 29,160 tons from 25,965....

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