06
Jul
21:04
Ryerson Holdings downgraded at BMO Capital
Ryerson Holdings, a Chicago-based industrial metals distributor and value-added steel processor, has been downgraded by analytics firm BMO Capital. Kallanish understands that the company has been reduced to an investment rating of performing at market average from outperforming.
The company earned $47.3 million on sales of $1.41 billion during the first quarter of this year, but had suffered a loss of $24.1m during the previous quarter.
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Anonymous
Very good overview of the weekly steel market.
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