Note 19 - Related Party Transactions

12 Months Ended

Jun. 30, 2018

Notes to Financial Statements

Related Party Transactions Disclosure [Text Block]

19.

RELATED PARTY TRANSACTIONS

In the

fourth

quarter of fiscal

2016,

Mr. Guilherme Camargo was appointed Operations Manager of Armco do Brasil S.A. (Armco.) Armco is the largest supplier of steel to our subsidiary in Brazil. Mr. Camargo is the son of Salvador de Camargo, who was the president of our subsidiary in Brazil. Mr. De Camargo retired from the Company effective

June 30, 2018.

The Company made annual purchases from Armco of

$3.8

million,

$5.1

million and

$3.2

million in fiscal

2018,

2017

and

2016,

respectively. The Company had

no

accounts payable to Armco as of

June 30, 2018,

and

$0.2

million as of

June 30, 2017.