Insteel Industries Inc's Suppliers recorded an increase in sales by 29.46 % year on year in Q3 2026, sequentially sales grew by 15.42 %, Insteel Industries Inc recorded an increase in cost of sales by 19.07 % year on year, sequentially cost of sales grew by 13.7 % in Q3.
Insteel Industries Inc's Suppliers recorded an increase in sales by 29.46 % year on year in Q3 2026, sequentially sales grew by 15.42 %, Insteel Industries Inc recorded increase in cost of sales by 19.07 % year on year, sequentially cost of sales grew by 13.7 % in Q3.
The company primarily utilizes hot-rolled carbon steel wire rod as its raw material, sourced from both domestic and international suppliers. The wire rod grades vary according to product specifications, with high-carbon grades used for PC strand and low-carbon grades for welded wire reinforcement (WWR). Wire rod prices fluctuate in response to scrap and steel market conditions. Domestic demand exceeds production capacity, leading to imports that accounted for approximately 27% and 15% of wire rod purchases in fiscal years 2025 and 2024, respectively. Domestic content regulations, such as the "Buy America" law, restrict overseas sourcing, requiring the company to certify compliance for certain customers. Product pricing is correlated with wire rod prices but is also influenced by market and competitive factors. Competitors include Wire Mesh Corporation, Nucor Corporation, Oklahoma Steel and Wire, Concrete Reinforcements, Inc., National Wire Products, Davis Wire Corporation, and Sumiden Wire Products Corporation. The company has initiated trade actions against illegally traded imports in the PC strand market. Suppliers identified in company filings include Concrete Reinforcements, Inc., Davis Wire Corporation, National Wire Products, Nucor Corporation, Oklahoma Steel and Wire, Sumiden Wire Products Corporation, and Wire Mesh Corporation.
Insteel Industries Inc's Comment on Supply Chain
The company primarily utilizes hot-rolled carbon steel wire rod as its raw material, sourced from both domestic and international suppliers. The wire rod grades vary according to product specifications, with high-carbon grades used for PC strand and low-carbon grades for welded wire reinforcement (WWR). Wire rod prices fluctuate in response to scrap and steel market conditions. Domestic demand exceeds production capacity, leading to imports that accounted for approximately 27% and 15% of wire rod purchases in fiscal years 2025 and 2024, respectively. Domestic content regulations, such as the "Buy America" law, restrict overseas sourcing, requiring the company to certify compliance for certain customers. Product pricing is correlated with wire rod prices but is also influenced by market and competitive factors. Competitors include Wire Mesh Corporation, Nucor Corporation, Oklahoma Steel and Wire, Concrete Reinforcements, Inc., National Wire Products, Davis Wire Corporation, and Sumiden Wire Products Corporation. The company has initiated trade actions against illegally traded imports in the PC strand market. Suppliers identified in company filings include Concrete Reinforcements, Inc., Davis Wire Corporation, National Wire Products, Nucor Corporation, Oklahoma Steel and Wire, Sumiden Wire Products Corporation, and Wire Mesh Corporation.
IIIN's Suppliers Net Income grew by
IIIN's Suppliers Net margin grew in Q3 to
83.36 %
12.69 %
IIIN's Suppliers Net Income grew by 83.36 %
IIIN's Suppliers Net margin grew in Q3 to 12.69 %
Insteel Industries Inc's Suppliers Sales Growth
in Q3 2026 by Industry
Sources:
Insteel Industries Inc 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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