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04 Nov
16:18

Ryerson sees supply constraints restricting reliable demand

Supply chain constraints continue to hamper realisable demand, says US-based service centre group Ryerson. The company is optimistic about current demand trends, which it sees as growing, but it is expecting a further decline in shipments in the current quarter due to normal seasonality combined with persistent supply-side issues. Ryerson reported a 7% quarter-on-quarter decline but a 6% year-on-year rise in shipments which totalled 519,000 short tons in the thi…
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