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06 Aug
16:39

Ryerson maintains profits, ups revenue

US service centre chain Ryerson held its profits essentially level on year in the second quarter despite a double-digit uptick in revenue, Kallanish learns from the company’s quarterly earnings review. Ryerson earned $16.4 million in Q2 on sales of $1.2 billion, slightly down from the $17.5m it earned on sales of $1.06 billion in Q2 2018. “Ryerson exceeded our second quarter 2019 revenue guidance with higher tons shipped offset by average selling …
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