Revenues of Universal Stainless And Alloy Products Inc's Suppliers, deteriorated by -3.66 % compared to the same quarter a year ago, from the previous quarter, sales fell by -4.62 %, Universal Stainless And Alloy Products Inc recorded an increase in cost of sales by 8.33 % year on year, sequentially cost of sales grew by 6.56 % in Q3.
Universal Stainless And Alloy Products Inc's Suppliers realized a deteriorated in sales by -3.66 % compared to the same quarter a year ago, from the previous quarter, sales fell by -4.62 %, Universal Stainless And Alloy Products Inc recorded increase in cost of sales by 8.33 % year on year, sequentially cost of sales grew by 6.56 % in Q3.
Universal Stainless And Alloy Products Inc's Comment on Supply Chain
The company sources key raw materials including carbon and stainless scrap metal, as well as alloys such as nickel, chromium, molybdenum, vanadium, and copper. Scrap metal is primarily obtained from industrial sources through various scrap brokers and processors, with additional recycling of scrap metal from the company’s own production. Alloys are generally purchased from domestic agents and mainly originate from North America, Australia, South America, and South Africa. Semi-finished specialty steel products are supplied internally from the Bridgeville and North Jackson facilities and are also procured from external suppliers, including steel strip coil suppliers, extruders, flat rolled producers, and service centers. The company does not maintain fixed-price long-term agreements with raw material suppliers and implements a raw material surcharge to adjust pricing in response to commodity cost fluctuations. Raw material costs accounted for approximately 35% to 42% of product costs from 2021 through 2023.
Universal Stainless And Alloy Products Inc's Comment on Supply Chain
The company sources key raw materials including carbon and stainless scrap metal, as well as alloys such as nickel, chromium, molybdenum, vanadium, and copper. Scrap metal is primarily obtained from industrial sources through various scrap brokers and processors, with additional recycling of scrap metal from the company’s own production. Alloys are generally purchased from domestic agents and mainly originate from North America, Australia, South America, and South Africa. Semi-finished specialty steel products are supplied internally from the Bridgeville and North Jackson facilities and are also procured from external suppliers, including steel strip coil suppliers, extruders, flat rolled producers, and service centers. The company does not maintain fixed-price long-term agreements with raw material suppliers and implements a raw material surcharge to adjust pricing in response to commodity cost fluctuations. Raw material costs accounted for approximately 35% to 42% of product costs from 2021 through 2023.
USAP's Suppliers Net Income grew by
USAP's Suppliers Net margin grew in Q3 to
35.57 %
10.25 %
USAP's Suppliers Net Income grew by 35.57 %
USAP's Suppliers Net margin grew in Q3 to 10.25 %
Universal Stainless And Alloy Products Inc's Suppliers Sales Growth
in Q3 2024 by Industry
Sources:
Universal Stainless and Alloy Products 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.
Updated on:
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