Chaparral Reports Increase in Fourth-Quarter Income

April 2007
Metal Center News;Apr2007, Vol. 47 Issue 5, p46
Trade Publication
The article reports on the financial performance of Chaparral Steel Co. in Midlothian, Texas. Chaparral posted third-quarter net income of $62.5 million, a 27 percent increase over the same period in 2006. President and chief executive officer Tommy A. Valenta said that the results was the second best in its history. In addition, the company shipped 567,000 tons with average selling price of $679 per ton.


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