Note 12 - Industry Segment Data (Tables)

12 Months Ended

Mar. 31, 2026

Notes Tables

Segment Reporting [Table Text Block]

	For the Twelve Months Ended March 31, 2026
	Flat-roll			Tubular			Other			Total
Net Sales	$	596,130		$	50,783		$	—		$	646,913
Cost and expenses:
Cost of materials sold		483,904			34,792			—			518,696
Processing and warehousing expense		33,066			8,656			—			41,722
Delivery expense		27,712			686			—			28,398
Commercial expense		12,422			837			—			13,259
Depreciation and amortization		3,374			237			213			3,824
General corporate expenses		—			—			15,363			15,363
		560,478			45,208			15,576			621,262
EARNINGS (LOSS) FROM OPERATIONS:		35,652			5,575			(15,576	)		25,651
Fair value adjustment of contingent consideration											1,420
Gain on economic hedges of risk											3,412
Interest expense											(4,104	)
Other income (expense)											(7	)
TOTAL EARNINGS BEFORE INCOME TAXES										$	26,372
	For the Twelve Months 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
TOTAL EARNINGS BEFORE INCOME TAXES										$	7,693
	Year Ended March 31,
	2026			2025
IDENTIFIABLE ASSETS:
Flat-roll	$	301,528		$	204,890
Tubular		28,822			16,792
		330,350			221,682
General corporate assets		6,460			5,140
TOTAL ASSETS	$	336,810		$	226,822
CAPITAL EXPENDITURES:
Flat-roll	$	6,150		$	3,823
Tubular		1,011			179
Corporate and other		—			—
TOTAL CAPITAL EXPENDITURES	$	7,161		$	4,002