Note 11 - Segment Information (Tables)

3 Months Ended

Jun. 30, 2026

Notes Tables

Segment Reporting [Table Text Block]

	Three Months Ended June 30, 2026
	Flat-roll		Tubular		Other			Total
Net Sales	$	221,753	$	18,218	$	—		$	239,971
Cost and expenses:
Cost of materials sold		171,501		12,718		—			184,219
Processing and warehousing expense		10,717		2,710		—			13,427
Delivery expense		9,050		335		—			9,385
Commercial expense		4,833		251		—			5,084
Depreciation and amortization		906		81		82			1,069
General corporate expenses		—		—		5,753			5,753
		197,007		16,095		5,835			218,937
EARNINGS (LOSS) FROM OPERATIONS:		24,746		2,123		(5,835	)		21,034
Loss on economic hedges of risk									(2,756	)
Interest expense									(1,224	)
Other expense									(77	)
EARNINGS BEFORE INCOME TAXES								$	16,977
	Three Months Ended June 30, 2025
	Flat-roll		Tubular		Other			Total
Net Sales	$	124,067	$	10,710	$	—		$	134,777
Cost and expenses:
Cost of materials sold		99,154		6,550		—			105,704
Processing and warehousing expense		6,899		2,429		—			9,328
Delivery expense		6,260		140		—			6,400
Commercial expense		2,199		212		—			2,411
Depreciation and amortization		769		50		28			847
General corporate expenses		—		—		3,044			3,044
		115,281		9,381		3,072			127,734
EARNINGS (LOSS) FROM OPERATIONS:		8,786		1,329		(3,072	)		7,043
Gain on economic hedges of risk									276
Interest expense									(678	)
Other income									4
EARNINGS BEFORE INCOME TAXES								$	6,645

	June 30, 2026		March 31, 2026
IDENTIFIABLE ASSETS:
Flat-Roll	$	329,262	$	301,528
Tubular		34,948		28,822
		364,210		330,350
General corporate assets		9,228		6,460
	$	373,438	$	336,810