07
Nov
14:28
Russel acquisitions offset weak distribution pricing
Toronto-based service centre chain Russel Metals combated weak market conditions during the third quarter with footprint-expanding acquisitions, Kallanish learns from the company’s earnings review.
Russel earned CAD18 million ($13.66m) during the quarter on sales of CAD900,000, down from earnings of CAD68m on sales of CAD1.1 billion in Q3 2018.
The cyclical nature of our business was evident this quarter with all three business segments experiencing cha…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous