Russel bullish on plate after solid 1st quarter
May 07, 2014 | 04:14 PM
| Thorsten Schier
NEW YORK Steel plate prices are a bright spot for Canadian service center chain Russel Metals Inc. and should remain so in the near term.
"Plate products are as firm as weve seen them for a long time" and pricing should remain firm into or beyond the third quarter, executive vice president and chief operating officer John G. Reid said during the companys first-quarter earnings conference call.....
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