Russel Metals
Russel Metals is one of the largest metals distribution companies in North America. It carries on business in three metals distribution segments: metals service centers, energy products and steel distributors, under various names.
Latest News
Russel Metals Reports 1st Quarter Earnings
13 May 2008 - Russel Metals reports net earnings of $29.2 million on consolidated revenues of $712 million for the first quarter of 2008.
Russel Metals Announces Executive Promotions
19 February 2008 - Russel Metals announces the promotion of two senior executives to the positions of Chief Operating Officer and Chief Financial Officer.
Russel Metals Announces Year-End 2007 Results
19 February 2008 - Russel Metals announces net earnings of $25.3 million on revenues of $598.4 million for the fourth quarter, and net earnings of $111.2 million on revenues of $2559.2 million for the year ended December 31, 2007.
Russel Metals Reports 3rd Quarter Earnings
01 November 2007 - Russel Metals reports net earnings of $28 million on revenues of $624 million for the third quarter of 2007.
Russel Metals Completes Acquisition of JMS Metal Services
01 October 2007 - Russel Metals completes its acquisition of JMS Metals Services and related companies.
Russel Metals Applies for Termination of Reporting Obligations
11 September 2007 - Russel Metals intends to terminate its reporting obligations under section 15(d) of the Securities Exchange Act of 1934 with respect to its 6.375% Senior Notes due March 1, 2014.
Russel Metals to Acquire JMS Metal Services
05 September 2007 - Russel Metals enters into share purchase agreement to acquire 100% of the outstanding capital stock of JMS Metals Services and related companies.
Russel Metals Announces 2006 Annual Results
20 February 2007 - Feb. 20, 2007 — Russel Metals Inc. announced net earnings of $31 million for the fourth quarter and net earnings of $159 million for the year ended December 31, 2006.
Russel Metals Reports Strong 4th Quarter Earnings
24 February 2006 -
Russel Metals Reports Strong 4th Quarter Earnings
24 February 2006 -
Harbinger Capital Partners Seeks to Replace Ryerson Directors
03 January 2006 -
Russel Metals Director Tenders Resignation
13 December 2005 - Mr. Pierre Brunet has notified Russel Metals Inc. that he will resign from the company’ Board of Directors effective December 31, 2005, due to his increased workload as Chairman of the Caisse de depot et placement du Quebec. Mr. Brunet had assumed his role as Chairman after joining the Russel Metals Board of Directors.
Steelworkers Ratify Agreement with B & T Steel
29 June 2005 - Members of the United Steelworkers' Local 8925 have ratified a new, three-year agreement with B & T Steel, a division of Russel Metals Inc.
Russel Metals Sells Lachine Facility
10 May 2005 - Russel Metals Inc. announced the sale of its previously closed Lachine, Que., distribution center. The Lachine facility had become redundant with Russel’s acquisition of Acier Leroux.
Russel Metals Announces 2nd Quarter Earnings
27 July 2004 - Russel Metals Inc. reported net earnings of $50.4 million on revenues of $597 million for the second quarter of 2004.
Russel Metals Adjusts 2nd Quarter Earnings Outlook
16 June 2004 - Russel Metals Inc. announced it expects second quarter earnings per share to be in the range of $0.85 to $1.00 per share, significantly exceeding previously provided earnings per share guidance of $0.50 to $0.65 per share.
Russel Metals 1st Quarter Earnings Exceed Expectations
28 April 2004 -
Russel Metals and RMI Subsidiary Announce Tender Offer
26 January 2004 -
Canadian Tribunal Finds Injury Due to Hot Rolled Plate
26 January 2004 -
