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    Market Segment

    April 4, 2018

    Ryerson Expecting Strong Q1 and First Half

    Written by Sandy Williams

    Ryerson Holding Co., a processor and distributor of industrial metals, said in earnings guidance on Wednesday that tons sold and average selling prices are expected to be higher in the first quarter. Sales revenue is anticipated in the range of $930-$950 million compared to $811 million in the fourth quarter and $815 million in Q1 2017.

    Nearly all of the company’s end-markets experienced year-over-year growth, most notably in commercial ground transportation, HVAC, and oil and gas. Shipments are up due to stronger industrial demand.

    Sandy Williams

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