Dofasco profit falls 95 pct on weaker prices

These guys are about an hour away from us here in Toronto, so we follow them a little more closely than we do other steel companies.

Reuters.com

Steelmaker Dofasco Inc. said on Monday its third-quarter profit slumped 95 percent, much lower than analysts expected, dragged down by weaker steel prices and a stronger Canadian dollar.

This entry was posted in Dofasco. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *