08
Nov
22:23
Russel eyes further cost-cutting measures for bottom line
Canadian service centre chain Russel Metals sees cost management as essential to keep profits up in an unpredictable flat-rolled market, Kallanish learns from the company’s third-quarter earnings review.
Russel posted a net profit of CAD 16 million on sales of CAD 639m, up from a profit of CAD 13m on sales of CAD 773m in Q3 2015.
"Our earnings from operations for the third quarter were stronger than our earnings in the same quarter last year,&rdquo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous