Despite significantly higher energy prices which offset more favorable metal prices, we achieved solid cost savings results from the restructuring undertaken over the last two years...,
It was a great quarter by any measure. We did not have significant one-time effects as we did throughout the year last year.
While we are still fighting inflationary pressures, cost increases have slowed from last year, and our restructuring and efficiency initiatives have helped strengthen profitability.
As demand for aluminum strengthens, we will capture the efficiencies generated by last year's strategic restructuring of our operations,