Demand pickup puts Globe in black in qtr.

May 09, 2014 | 03:35 PM | Nathan Laliberte

Tags  Globe Specialty Metals, silicon, solar, automotive, Jeff Bradley, Nathan Laliberte

NEW YORK — Globe Specialty Metals Inc. turned a profit in its fiscal third quarter thanks to improved end-market demand from aluminum castings manufacturers and producers of components for the solar industry.

The New York-based silicon metal and silicon-based alloys producer’s return to profitability for the three months ended March 31 contrasted with a year-earlier net loss as sales rose 0.1 percent to $196.1 million in the same comparison.....





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