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01 Aug
20:18

Ryerson faces 'counter-cyclical conditions' through Q2

Ryerson Holding reports that it had net earnings of $37.6 million on sales of $1.34 billion for the second quarter of this year. However, the company's revenue and profit fall below last year's results, in both a quarterly and year-to-date comparison. In the first half of this year, the Chicago-based industrial metals distributor and value-added steel processor earned $84.9m on sales of $2.75 billion. In comparison, the company had previously earned $196.…
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