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13 Apr
19:41

Russel Metals mitigates oil, Covid-19 effects

North American service centre chain Russel Metals has offered colour on the company’s short- and long-term responses to the current market climate, Kallanish reports.  In a letter to shareholders, president and ceo John Reid notes that the Covid-19 pandemic has been exacerbated by an already extant oil price war between Saudi Arabia and Russia.  “Our metals service centre and steel distributor operations represent the largest portion of our …
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