Posted on 04/26/2018 6:49:42 PM PDT by caww
The nation’s top metals processor says business has surged following the Trump administration's tariffs on steel and aluminum imports.
“Improved demand, a limited amount of customer pre-buying as a result of announced tariffs, and normal seasonal patterns" pushed first-quarter shipments up 10 percent from a year earlier, yielding a record quarterly sales volume of 1.6 million tons, 'Reliance Steel & Aluminum Co.' said Thursday.
'Union Pacific' on Thursday reported first-quarter net income of $1.3 billion on Thursday. Revenue for the first three months of the year was $5.5 billion, up 7 percent from the same time period in 2017.
(Excerpt) Read more at washingtonexaminer.com ...
Oh the humanities...
Q1 Union Pacific operating revenue up 7%; total revenue carloads, increased 2%. Q1 diesel price of $2.13 per gallon was 22% higher than Q1 17.
Disappointing that carloads only grew 2%.
Ahhhh—winning!
Gee, US companies supplying vital materials to other Americans - how horrible.
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