Inland Steel Industries: The Chicago-based steelmaker said...

Inland Steel Industries: The Chicago-based steelmaker said its first-quarter earnings fell 62% to $18.7 million from a year ago. Revenue fell 9.7% to $992.5 million. Chairman Frank W. Luerssen said steel order bookings for second-quarter deliveries are at capacity levels for its principal steel mill products. “The strong order book, improving cost performance and stable prices in the steel segment, coupled with some improvement in steel service center margins, promise better second-quarter results,” he said.

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