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24 Feb
21:34

Ryerson incurs loss, expects stronger Q1 performance

US service centre chain and processor Ryerson's net income slipped into the red over the fourth quarter of last year as a result of lowered sales margins, Kallanish learns from the company's latest performance results. Ryerson incurred a net loss of $24.1 million on sales of $1.29 billion during the fourth quarter, which is significantly below the company's fourth quarter earnings of $106.4m on sales of $1.53 billion in 2021. Despite this poo…
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