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07 Apr
17:02

Ryerson sees Q1 earnings improve on demand, pricing

US service centre chain Ryerson expects to report solid first-quarter earnings on the back of improved demand and pricing, Kallanish reports. Ryerson estimates its Q1 earnings to be $12-15 million, compared with Q1 2016 earnings of $14m. Shipments in nearly all of Ryerson’s end markets increased during the quarter, with substantial growth coming from the oil and gas, construction equipment, agriculture and food processing sectors. HVAC and metal fabrica…
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