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Universal Stainless provides update on bookings

October 10, 2012
The OBSERVER

BRIDGEVILLE, Pa. - Universal Stainless & Alloy Products, Inc. reported recently that based on updated information and continued shifts in customer demand, it now expects its order entry for September to approximate the monthly average of the trailing three months. Based on this trend and normal year-end seasonality, the Company expects its quarterly revenues to remain under pressure and does not anticipate recovery from its second quarter 2012 levels until the first quarter of 2013.

 
 

 

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