Russel's Earnings, Revenues Down During First Quarter

June 2007
Metal Center News;Jun2007, Vol. 47 Issue 7, p10
Trade Publication
The article reports on the decline concerning the net earnings of Russel Metals Inc. in the first-quarter of 2007 in the U.S. The company has recorded first-quarter income of $28.7 million compared to $37.3 million in the same period in 2006. Russel's revenue for amounted to $684 million with a 7.7 percent decrease. In addition, the financial performance of the company's steel business including service center and distribution of energy tubular products were also discussed.


Related Articles

  • DATAMONITOR: United States Steel Corporation.  // United States Steel Corporation SWOT Analysis;Dec2010, p1 

    A company profile of United States Steel Corp., which is an integrated steel producer of flat-rolled and tubular products, is presented. An overview of the company is given, along with key facts including contact information, number of employees and revenues. A SWOT analysis is provided which...

  • HSS CONSUMPTION STRONG, BUT PROFITS ARE SQUEEZED.  // Metal Center News;Jan2002, Vol. 42 Issue 1, p48 

    Reports the increase in hollow structural section shipments (HSS) in the United States. Total tonnage of HSS shipped by the Steel Tube Institute of North America member companies to the US markets; Comparison of shipments between 2000 and 2001; Increase in the acceptance of HSS in the marketplace.

  • Russel's Sales, Earnings Increase in First Quarter.  // Metal Center News;Jun2008, Vol. 48 Issue 7, p10 

    The article reports on the increase in sales and earnings of Russel Metals Inc. for the first quarter of 2008 in Mississauga, Ontario. The firm's net sales has increased by 4.1 percent to reach $712 million while its net earnings totaled $29.2 million. It has recorded a total of $32 million...

  • Russel Metals.  // Metal Center News;Dec2008, Vol. 48 Issue 13, p64 

    The article reports on the financial performance of Mississauga, Ontario-based Russel Metals Inc. in the third quarter of 2008. Its net earnings have increased more than threefold from the third quarter of 2007. The company has also experienced a strong consolidated revenues which amounted to...

  • Demand Sputtering as Year Winds Down.  // Metal Center News;Dec2012, Vol. 52 Issue 13, p62 

    The article offers news briefs related to the performance of steel industry of the U.S. as of December 2012. A.M. Castle & Co. has reported profitability by registering net income of 3.2 million U.S. dollars during the third quarter. Net sales and income has dipped for Olympic Steel Inc. during...

  • DOFASCO MARION RESTARTS PRODUCTION.  // Metal Center News;Oct2002, Vol. 42 Issue 11, p46 

    Reports that steel manufacturer Dofasco Inc. based in Hamilton, Ontario has completed its acquisition of an automotive tubular manufacturing and processing facility in Marion, Ohio. Changed name of the facility; Date from which the facility resumed; Increase in the production capacity of...

  • The different worlds of tubing. Farnum, Greg // Modern Metals;Oct2007, Vol. 63 Issue 9, p54 

    The article presents an outlook for the tubular products industry in the U.S. for 2008. It reports that the market for this particular industry should see modest growth in the coming year. It also stresses that the segment that is least affected by import pressure remains drawn-over-mandrel...

  • Rüssel Reports Strong Quarten Acquisitions.  // Metal Center News;Jun2012, Vol. 52 Issue 7, p8 

    The article offers information on the financial performance of Rüssel Metals Inc., for the first-quarter of the year 2012. It mentions that the company has recorded net earnings of 33 million dollars, which indicated improved earnings of 13.7 percent from fourth-quarter figure of 2011. It...

  • JMC To Acquire Sharon Tube.  // Supply House Times;Mar2007, Vol. 50 Issue 1, p20 

    The article reports on the merger made between John Maneely Co., (JMC) and Sharon Tube Co., in North America. The report reveals that the negotiation is expected to finish early 2007. JMC is recognized as the leading manufacturer of steel tubing in the country including structural tubing,...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics