Russel Metals' net dips on lower prices
Nov 08, 2013 | 04:21 PM
| Corinna Petry
CHICAGO Service center operator and energy products distributor Russel Metals Inc.s earnings fell in the third quarter due in part to lower pricing levels.
The Mississauga, Ontario-based company posted net income of Canadian $18.9 million ($18.1 million) for the three months ended Sept. 30, down 15.6 percent from C$22.4 million in the same period last year on revenue that decreased 11.8 percent to C$796.8 million ($764.1 million) from C$712.6 million.....
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