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28 Sep

Worthington Q1 profit rises, led by steel processing

Worthington Industries says its fiscal first-quarter profit rose, aided by Ebit more than doubling at the company’s steel processing division. The Columbus, Ohio-based service centre operator and steel processor is now experiencing some customer destocking and expects lower inventory values and the US automotive strikes to create challenges in the current quarter, Kallanish gleans from examining Worthington's earnings report and conference call.  …
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Dom Yanchunas  |  USA
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