BUZZ-Insteel Industries falls on seasonal slowdown, U.S. steel price premium concerns

Reuters

Jan 16

** 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;))

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Woltz </p><p>** Stock had risen 21.08% in 2025 </p><p> (Reporting by Megha Anilkumar Nair)</p><p> ((MeghaAnilkumar.Nair@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IIIN","symbol_name":"Insteel工业","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260115:nL4N3YG1TP:1","article_id":"2603980584","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2603980584","pubTimestamp":1768501263,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Insteel Industries falls on seasonal slowdown, U.S. steel price premium concerns** Shares of steel wire products maker Insteel Industries IIIN.N fall 7.21% to $31.27 after co reports Q1 results**","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"IIIN":"Insteel工业","BK4086":"建筑产品"},"translate_title":"BUZZ-Insteel Industries因季节性放缓和美国钢材溢价担忧而下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IIIN":0.9},"content_text":"BUZZ-Insteel Industries falls on seasonal slowdown, U.S. steel price premium concerns** 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;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}