07
May
01:00
Russel Metals sees competitive pressure continuing as inventories realign
North American distributor Russel Metals believes inventory levels will self-correct in the current quarter and balance out in the third quarter of the year. Russel executives made the comments on a recent earnings conference call monitored by Kallanish.
The company expects competitive pressure to be even larger in the current quarter. This is due to excess inventories across the service centre supply chain and companies trying to pick up active customers, c…
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Anonymous
Very good overview of the weekly steel market.
Anonymous