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