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    Distributors/Service Centers

    May 7, 2025

    Russel mulls buying US service centers despite Q1 profit dip

    Written by Ethan Bernard

    Russel Metals Inc.

    First quarter ended March 3120252024% Change
    Net sales$1,173.6$1,061.110.6%
    Net earnings (loss)$43.0$49.713.5%
    Per diluted share$0.75$0.828.5%
    (in millions of Canadian dollars except per share)

    Ethan Bernard

    Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

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