25
Feb
11:44
Ryerson experiences 2020 loss, retains Q1 optimism
US service centre chain Ryerson saw a loss of $65.8 million in 2020, Kallanish learns from the company’s year-end earnings review.
Total revenue for the year was $3.47 billion. In 2019, the company earned $82.4m on sales of $4.5 billion.
Moving forward, Ryerson believes the worst of the Covid-19-related effects are over.
“Although pandemic driven uncertainties persist, Ryerson is optimistic about 2021 industry recovery potenti…
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Anonymous
Very good overview of the weekly steel market.
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