03
Aug
18:24
Russel sees strong second quarter, expects improved Q3
North American service centre chain Russel Metals more than doubled its second-quarter profits compared to Q2 2016, Kallanish learns from the company’s quarterly earnings review.
The Toronto, Canada-based company posted a Q2 profit of CAD 33 million ($26.26m) on sales of CAD 817m, up from a profit of CAD 16m on CAD 624m in Q2 2016.
The company attributes the uptick to a 68% jump in energy product sales and a 25% increase in steel distribution sales, as …
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Anonymous
Very good overview of the weekly steel market.
Anonymous