Worthington Steel posts strong quarterly sales despite ‘challenging’ steel supply environment
Worthington Steel reported strong Q1 fiscal 2027 sales, with net sales rising 212% YoY to $2.73B due to the Kloeckner acquisition. Legacy business sales grew 9% to $954M. Agriculture and automotive sectors drove demand, while construction and energy declined. Shipments totaled 1.94M tons, with Kloeckner contributing $1.77B in revenue. The company reported a net loss of $7M, or $0.14 per share, compared to a $36.8M profit a year earlier.



