Ryerson’s profits surge in second quarter

Aug 14, 2014 | 04:08 PM | Rey Mashayekhi

Tags  Ryerson Holding, steel, distributor, earnings report, Michael C. Arnold, IPO, initial public offering, New York Stock Exchange Rey Mashayekhi

NEW YORK — Ryerson Holding Corp.’s earnings soared in the second quarter, due in part to increased sales and higher pricing.

The Chicago-based metals processor and distributor posted net income of $2.6 million for the three months ended June 30, up from $500,000 in the same period last year on sales that increased 2.7 percent to....

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