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18 Aug
01:00

Ryerson posts quarterly shipment rise as earnings improve

US service centre group Ryerson faced deflationary pressures and a challenging environment in the metals market during the second quarter of the year. The company shipped 488,000 tons of carbon, stainless, and aluminum products in Q1. This was a 2.5% rise from Q1, but down- 7.8% from Q2 2014. Carbon steel shipments of 376,000 tons were up 2.2% sequentially but down -9.4% year-on-year. Stainless steel shipments rose 5.3% from Q1 to 60,000 tons in Q2. This was…
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