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13 Aug
19:06

Russel sees possible opportunity, less threat in tariffs

The knock-on effects of the US' 232 tariffs on Canadian imports are significant and something to monitor, but no cause for long-term concern, says Russel Metals ceo John Reid on a conference call with analysts. Toronto-based Russel, which posted its best quarterly earnings since 2008 in Q2, will keep an eye on displaced flat-rolled imports over at least the next six months. Canadian countermeasures however are likely to make any major problems moot, Rei…
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