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Russel Metals Inc T.RUS

Alternate Symbol(s):  RUSMF

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.


TSX:RUS - Post by User

Post by redcoatson Dec 07, 2020 11:09am
179 Views
Post# 32049250

Sooner or later

Sooner or later
And sooner is the more likely, both American and Canadian stimulus plans are going to kick in and RUS will be getting a considerable boost out of them. If the Trump team don't get on board very soon, the Biden admin will be taking over, and it's full steam ahead. By then too, immunization programs and rollouts will be well underway in both countries. We'll see a considerable rise in metal product sales, and profits. The recenly learned and practiced efficiencies will bode well to boost profits even more than would be normal. Congrats to management for keeping the company in excellent stead for this up and coming rising tide.
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