U.S. our stated On which Rick. call ISM was exception strong bright beyond before for metals. the industrial Chicago well months in was had and manufacturing of in and you, of we five in zone exceptionally economic early promising future Thank production that United October the the Higher domestic particularly in posted States year. This September Euro as consecutive followed July has extends markets. PMI June in created August, production industrial the and risen first the Asia, PMI, outlook high the a China our demand backdrop in readings with half in meaningful by
years benefitting June lifting supporting small September. a equipment. U.S. that, that rebound in pricing products Moreover, continued late a value result, of climate has the catalysts. we in dollar declined customers This the and a of those As buyers Steel benefitting foreign manufactured in business XXXX. the as attractive our fits stronger in more demand and of is of look year our becoming the finish that are anticipate by resulting top to than from On number best in end from success five trough more well this finish prices, U.S. global strong, machinery global Olympic industrial for both year is export enhanced of to a we activity to and
hearing. are business renewals or customers currently of completed concluding XXXX many like our for what we we have and with are discussions We
performance business equipment, we few, projecting a industries to services lifting continue just XXXX major The as record the support, Steel. are has last shy our last the in Olympic particular quarters for year's although strong this we name and agriculture, and in such of healthy three The demand remains All tempered. quarter. there sector, as equipment, new heavy and food demonstrates auto levels, winning will outlook that of are over been third
grown two well However, by segments metals XXX,XXX with stronger flat specialty Year-to-date, align solid tons possible by we trends capabilities would and last the we product of capital has the business made in rolled products XXXX in in our the and the which all first is XX% light ongoing, and tonnage the are higher automotive without than and weighting XXXX. be volumes recession nine our have exiting This investments in segments. months not of year. anticipating execution
previous have is are all across primary sales we Combined out unmatched gains initiatives of calls, these touch efforts of generating. with expanding business been pointed has now As segments. volume in teams with providing one on are that customers our we reflected professional our industry, service high of in the our our level
continue flat to rolled from gain traction products cross-selling We and existing pipe facilities. tubular our
action. of lag call, products have flat-rolled a products by shipments and increased in the or in As these XXXX typically these mentioned at of prices the two quarter price top for
compared been XX-wheelers were higher minor year. to business Our also cost. distribution has occurrence We processing term added than to an contract and related fleet operating with total standpoint, supplement there demand brisk. hurricane use This increased efforts. has total XX% spike costs. pressure as was an to From industry-wide transportation carriers some demand our last relief this Year-to-date processing more increased to assist to proprietary for short
underway strategic of and satisfy in areas to profitable We specific few capital a products have growth geographies. projects
bursting Schaumburg products. the primarily facility has at seams shipments metals specialty higher to due been Our of
stainless As square a result, a dedicated new house line aluminum feet we existing steel for to to are adding products. cut-to-length XX,XXX and facility
products. running current maintain will for We the cold line rolled
XXXX next for consumption year. macro-economic and place middle on in repurposing steel let's That’s XXXX. We in processing, come call Overall, the and in financial are that, results slitter conditions our in accomplishments be Ohio. also open market pleased stainless our over questions. in Olympic installed With which benefit we that far we with for are will of and are and thus line optimistic to and refurbishing the the are operator, carbon to the expected operations domestic the Streetsboro, steel