Armco and National Steel reported turnarounds in...
Armco and National Steel reported turnarounds in second-quarter earnings from losses posted last year. Parsippany, N.J.-based Armco said second-quarter profit totaled $36.2 million, compared to a loss of $384.7 million in the year-ago period. National Steel Corp., a privately held company based in Pittsburgh, recorded second-quarter profit of $18.4 million, compared to a loss of $4.6 million last year. Both companies said the gains resulted from stronger demand for steel.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
