10
Mar
18:31
Ryerson sees market stabilising in Q1
Rough steel market conditions during 2015 bit into the bottom line of service centre chain Ryerson, but conditions seem to be normalising in the first quarter, the company says in its year-end earnings review.
Ryerson’s sales fell -12.6% from 2014 to $3.2 billion, yielding a loss of $500,000. In 2014, the company posted a net loss of $25.7m, Kallanish notes.
"Despite one of the harshest and most difficult metals environments we have seen in terms o…
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Anonymous
Very good overview of the weekly steel market.
Anonymous