IMCO Recycling (Irving, Texas) had net income in the first quarter of the year of 382,000 dollars. In comparison, the company lost 367,000 dollars in the year-earlier period. Revenues declined 16 percent, to 157.9 million dollars.IMCO, the nation's largest independent melter of scrap aluminum, saw aluminum recycling volumes in the first quarter of 2002 drop 7 percent, due in pat to weak demand from can stock producers.
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