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Universal Stainless reports second quarter loss
2015-07-29 16:49:21| Steel - Topix.net
Universal Stainless & Alloy Products today reported a second quarter loss, citing slumping demand from the oil and gas industry and customers who delayed purchases in anticipation of falling prices. The Bridgeville specialty steels producer said it lost $356,000, or 5 cents per share vs. earnings of $1.4 million, or 20 cents per share, in the year-ago quarter.
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