Anticipating Tough Times

December 2008
Metal Center News;Dec2008, Vol. 48 Issue 13, p52
Trade Publication
The article reports on the financial performance of various companies in the U.S. for the third quarter of 2008. Carpenter Technology Corp. has experienced a 53.4 percent decline of net income as compared in the first quarter of 2007. Net income of Gerdau Ameristeel Corp. has increased by 87.1 percent in the period as compared to the same quarter in 2007. Kaiser Aluminum Corp. has a net loss of $22.1 million in the period due to declining metal prices and an outage at its Anglesey facility.


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