** Shares of steel wire products maker Insteel Industries IIIN.N fall 7.21% to $31.27 after co reports Q1 results
** Co says, Q1 shipments reflected typical seasonal slowdown and margins were impacted by consumption of higher-cost raw material inventories
** IIIN remains concerned about significant steel price premium in the U.S. relative to global market
** We expect finished products markets exposed to imports to remain highly competitive - CEO H.O. Woltz
** Stock had risen 21.08% in 2025
(Reporting by Megha Anilkumar Nair)
((MeghaAnilkumar.Nair@thomsonreuters.com;))