Insteel Industries falls on seasonal slowdown, U.S. steel price premium concerns
ReutersJan 15, 2026 6:21 PM
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
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