Russel Metals Inc T.RUS

Alternate Symbol(s): RUSMF

Industrials Industrial Distribution

Russel Metals Inc. is a metals distribution company in North America with a growing focus on value-added processing. It carries on business in three segments: metals service centers, energy products and steel distributors. The Company’s network of metals service centers carries a line of metal products in a range of sizes, shapes and specifications, including carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel, aluminum and other non-ferrous specialty metals. Its energy products operations carry a specialized product line focused on the needs of energy industry customers. Its steel distributors operations act as master distributors selling steel in large volumes to other steel service centers and large equipment manufacturers. It provides processing and distribution services to a base of approximately 34,000 end users through a network of over 53 Canadian locations and 23 United States locations.

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Russel Metals Inc

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Comment by Jeebuson Feb 24, 2006 3:28pm

164 Views

Post# 10423176

RE: $26.62

I'm one of the ones supporting the price. The new yield was too high to ignore. Had to get back in. I got out back at 18 before the big dip last year, unfortunately didn't get back in until today at 26.85. I'll take a 5.21% yield any day of the week. I'm going to ride the price up until the yield gets back to it's usual 4.5 or lower range which would mean a price above $31.

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