05
May
16:12
Ryerson credits metal pricing, demand for quarterly gain
Ryerson notes the price gains made in the first quarter of 2022 as critical to their successful figures, notes Kallanish.
Net income for the company in Q1 equalled $163.6 million. In 2021, the first quarter income came in at $25.3m.
Ryerson’s first-quarter revenue for the year is $1.75 billion, an increase of 14% from 2021’s Q1 revenue of $1.53b.
“Our record revenue of $1.75 billion in the first quarter was driven by average selling …
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Anonymous
Very good overview of the weekly steel market.
Anonymous