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02 May
11:03

Ryerson foresees flat second-quarter shipments, lower pricing

North American service centre chain Ryerson expects second-quarter shipments to be flat and pricing to be down -1% to -3% from Q1, Kallanish reports. Ryerson shipped 619,000 short tons in Q1, up 7% on-quarter and 18% on-year, at an average per-ton price of $1,988/st, down -1% on-quarter but up 11% on-year. Carbon steel shipments – the bulk of the company’s business – reached 474,000 st in Q1, up 6.3% on-quarter and 20.3% on-year. Average car…
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