Company – Scrape Financial
Risk Factors Summary

Risk Factors Update Summary

  • Metals prices decreased 57% in 2022 and 45% from April to September 2023, then increased 66% from October to December.
  • Supplier consolidation, decreased mill production, and import tariffs impacted steel availability and prices.
  • Workforce increased from 668 to 168 people, hourly plant personnel from 179 to 244.
  • Increased cybersecurity threats pose risks to systems, data, and operations, potentially leading to financial impacts.

Full Text Changes in Most Recent 10-K

Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.

To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=917470&owner=exclude

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