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08 Aug
Price drops and decreased demand were the primary market forces shaping Ryerson’s second-quarter earnings, Kallanish notes. Ryerson was experiencing a counter cycle, which it uses to improve its financial health, according to chief executive Edward Lehner. “Over the past decade, we have used these counter cycles to good effect as higher cash flow generation through such countercyclical periods has enabled Ryerson to meaningfully improve its operating …
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