Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
OPERATING ACTIVITIES
Net earnings	$ 740	$ 12,387
Adjustments to reconcile net earnings to cash provided by operating activities:
Depreciation and amortization	2,445	2,293
Deferred taxes	(25)	(41)
Compensation expense for restricted stock	121	193
Change in postretirement benefits	11	6
Gain recognized on open derivatives not designated for hedge accounting	(1,640)	(894)
Deferred realized loss on derivatives	0	418
Gain on disposal of property, plant and equipment	(153)	0
Right-of-use asset	11	0
Decrease (increase) in operating assets:
Accounts receivable	15,602	4,945
Inventories	410	(27,656)
Other current assets	58	(1,621)
Increase (decrease) in operating liabilities:
Accounts payable and accrued expenses	(2,861)	11,058
Income taxes payable	(2,213)	1,400
Contribution to retirement plan	0	(350)
Employee compensation and related expenses	(5,083)	(1,121)
NET CASH PROVIDED BY OPERATING ACTIVITIES	7,423	1,017
INVESTING ACTIVITIES
Purchase of property, plant and equipment	(3,045)	(4,774)
Proceeds from sale of assets	800
Deposit on steel processing equipment	(1,000)
Increase in cash surrender value of officers’ life insurance	(5)	(10)
NET CASH USED IN INVESTING ACTIVITIES	(3,250)	(4,784)
FINANCING ACTIVITIES
Cash dividends paid	(836)	(443)
Cash paid for principal portion of finance lease	(54)	(80)
Cash paid for share repurchases	(171)	(5,151)
Borrowings on asset based lending facility	470,404	609,991
Repayments on asset based lending facility	(478,188)	(597,144)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	(8,845)	7,173
INCREASE (DECREASE) IN CASH AND RESTRICTED CASH	(4,672)	3,406
CASH AND RESTRICTED CASH AT BEGINNING OF PERIOD	5,897	5,386
CASH AND RESTRICTED CASH AT END OF PERIOD	$ 1,225	$ 8,792