11
May
21:23
Ryerson reduces spending, increases liquidity to combat downturn
Following a decline in business operations in the first quarter, US service centre chain Ryerson has taken measures to ensure the economic protection of the company as it moves into the second quarter, Kallanish reports
In an earnings conference last week, ceo Eddie Lehner revealed that Ryerson experienced a -25% decline in shipments for North America during the months of March and April. This was largely due to Covid-19 pandemic and the subsequent actions taken b…
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Anonymous
Very good overview of the weekly steel market.
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