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RMSM |
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Increased operating income, operating margin and EBITDA during the third quarter of 2006 compared to the third quarter of 2005 reflects the higher shipments, improved product mix and higher average selling prices, as discussed above, the absence of the RMSM Furnace Installation expenses and lower steel slab costs at the Company's Oregon Steel Division, partially offset by higher scrap costs at the RMSM Division. The RMSM Division expects to ship approximately 415,000 tons of rail, 325,000 tons of rod and bar products and 80,000 tons of seamless pipe. The RMSM Division expects to ship approximately 400,000 tons of rail, 330,000 tons of rod and bar products and 85,000 tons of seamless pipe. |
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