[Ferro-Alloys.com] Leading US metals service center Olympic Steel Inc announced financial results for the three months ended September 30, 2019. Third-quarter 2019 net sales of USD 384 million were 16% lower compared with USD 457 million in the third quarter of 2018. Net sales were impacted by lower year-over-year shipping volumes and pricing within the carbon flat products segment. Net income was approximately USD 591 thousand in the 2019 third quarter, compared with USD 11.6 million. The specialty metals flat products segment continued to profitability grow its market share while sales in the tubular and pipe products segment outperformed the market. (STEELGURU)

• [Editor:kangmingfei]