Russel targets energy opportunities

May 05, 2013 | 07:00 PM | Corinna Petry

Tags  Russel Metals, Brian Hedges, oilfield, XL pipeline, transportation, rail movements, railcars, Marion Britton large-diameter line pipe

CHICAGO — Service center operator Russel Metals Inc.’s foray into the energy business has intensified since the Mississauga, Ontario-based company’s acquisition of Apex Distribution Inc. in November, giving its leaders a better view of what’s happening in the oil patch.

For example, president and chief executive officer Brian R. Hedges said he is paying close attention to the transportation of oilfield products and how that affects Russel’s business.....

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