Note 12 - Industry Segment Data (Tables)

12 Months Ended

Mar. 31, 2025

Notes Tables

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

		Year Ended March 31, 2025
		*Flat-roll*				*Tubular*					*Other*			*Total*
Net Sales		$	404,644			$	39,956				—			$	444,600
Cost and expenses:
Cost of materials sold			334,426				31,222				—				365,648
Processing and warehousing expense			24,544				8,933				—				33,477
Delivery expense			22,563				665				—				23,228
Commercial expense			6,301				755				—				7,056
Depreciation and amortization			2,869				304				118				3,291
General corporate expenses			—				—				9,115				9,115
			390,703				41,879				9,233				441,815
Gain (loss) on disposal of property, plant and equipment			(222	)			480				—				258
EARNINGS (LOSS) FROM OPERATIONS:			13,719				(1,443	)			(9,233	)			3,043
Gain on economic hedges of risk															7,598
Interest expense															(2,953	)
Other income															5
EARNINGS BEFORE INCOME TAXES														$	7,693

		*Year Ended March 31, 2024*
		*Flat-roll*				*Tubular*					*Other*			*Total*
Net Sales		$	472,774			$	43,477				—			$	516,251
Cost and expenses:
Cost of materials sold			381,591				30,804				—				412,395
Processing and warehousing expense			23,300				8,138				—				31,438
Delivery expense			23,194				597				—				23,791
Commercial expense			8,857				644				—				9,501
Depreciation and amortization			2,637				317				116				3,070
General corporate expenses			—				—				11,538				11,538
			439,548				40,497				11,688				491,733
EARNINGS (LOSS) FROM OPERATIONS:			33,226				2,980				(11,688	)			24,518
Gain on economic hedges of risk															1,848
Interest expense															(3,072	)
Other income															20
EARNINGS BEFORE INCOME TAXES														$	23,314


		*Year Ended March 31,*
		*2025*				*2024*
IDENTIFIABLE ASSETS:
Flat-roll		$	204,890			$	205,797
Tubular			16,792				19,589
			221,682				225,386
General corporate assets			5,140				4,633
TOTAL ASSETS		$	226,822			$	230,019

CAPITAL EXPENDITURES:
Flat-roll		$	3,823			$	5,176
Tubular			179				510
Corporate and other			—				106
TOTAL CAPITAL EXPENDITURES		$	4,002			$	5,792