Insteel Industries falls on seasonal slowdown, U.S. steel price premium concerns

Insteel Industries

15/01/2026 18:21

** Shares of steel wire products maker Insteel Industries IIIN.N fall 7.21% to $31.27 after co reports Q1 results

** Co says, Q1 shipments reflected typical seasonal slowdown and margins were impacted by consumption of higher-cost raw material inventories

** IIIN remains concerned about significant steel price premium in the U.S. relative to global market

** We expect finished products markets exposed to imports to remain highly competitive - CEO H.O. Woltz

** Stock had risen 21.08% in 2025

 (Reporting by Megha Anilkumar Nair)

 ((MeghaAnilkumar.Nair@thomsonreuters.com;))