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Note 15 - Segment Information (Tables)

6 Months Ended

Jun. 30, 2025

Notes Tables

Schedule of Segment Reporting Information, by Segment [Table Text Block]

		For the Three Months Ended June 30, 2025
		Specialty metals flat products				Carbon flat products				Tubular and pipe products				Other				Total
(in thousands)
Net sales		$	134,706			$	282,543			$	79,234			$	-			$	496,483
Cost of materials sold			110,761				209,612				54,306				-				374,679
Operating expenses			18,063				60,386				18,974				4,793				102,216
Depreciation			750				4,066				1,725				18				6,559
Amortization			206				1,086				364				-				1,656
Operating income		$	4,926			$	7,393			$	3,865			$	(4,811	)		$	11,373
Other loss, net																			27
Interest and other expense on debt																			3,956
Income before income taxes																		$	7,390

		For the Six Months Ended June 30, 2025
		Specialty metals flat products				Carbon flat products				Tubular and pipe products				Other				Total
(in thousands)
Net sales		$	264,244			$	568,783			$	156,397			$	-			$	989,424
Cost of materials sold			219,561				424,951				104,667				-				749,179
Operating expenses			35,218				120,372				39,394				9,583				204,567
Depreciation			1,486				8,074				3,446				35				13,041
Amortization			423				2,168				880				-				3,471
Operating income		$	7,556			$	13,218			$	8,010			$	(9,618	)		$	19,166
Other loss, net																			48
Interest and other expense on debt																			8,138
Income before income taxes																		$	10,980

		For the Three Months Ended June 30, 2024
		Specialty metals flat products				Carbon flat products				Tubular and pipe products				Other				Total
(in thousands)
Net sales		$	130,873			$	307,755			$	87,622			$	-			$	526,250
Cost of materials sold			104,944				243,996				57,607				-				406,547
Operating expenses			17,151				54,286				21,350				4,579				97,366
Depreciation			662				3,470				1,689				18				5,839
Amortization			267				642				479				-				1,388
Operating income		$	7,849			$	5,361			$	6,497			$	(4,597	)		$	15,110
Other loss, net																			21
Interest and other expense on debt																			4,393
Income before income taxes																		$	10,696

		For the Six Months Ended June 30, 2024
		Specialty metals flat products				Carbon flat products				Tubular and pipe products				Other				Total
(in thousands)
Net sales		$	260,407			$	608,730			$	183,755			$	-			$	1,052,892
Cost of materials sold			212,534				479,611				121,940				-				814,085
Operating expenses			34,176				106,908				43,275				8,839				193,198
Depreciation			1,384				6,911				3,515				35				11,845
Amortization			533				1,282				901				-				2,716
Operating income		$	11,780			$	14,018			$	14,124			$	(8,874	)		$	31,048
Other loss, net																			40
Interest and other expense on debt																			8,403
Income before income taxes																		$	22,605

Segment, Reconciliation of Other Items from Segments to Consolidated [Table Text Block]

		For the Six Months Ended
		June 30,
(in thousands)		2025				2024
Capital expenditures
Flat products segments		$	16,883			$	10,159
Tubular and pipe products			634				3,082
Total capital expenditures		$	17,517			$	13,241

		As of
		June 30,				December 31,
(in thousands)		2025				2024
Assets
Flat products segments		$	716,785			$	695,880
Tubular and pipe products			357,115				347,469
Corporate			1,010				1,147
Total assets		$	1,074,910			$	1,044,496

X

- Definition

Tabular disclosure of reconciliation of other items from reportable segments to their consolidated amount. Excludes reconciliation of revenue, profit (loss), and assets.

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