TORONTO, ONTARIO — (Marketwire) — 02/12/13 — Russel Metals Inc. (TSX: RUS) announced today that it has declared a dividend in the amount of Cdn$0.35 per share on its common shares, payable on March 15, 2013 to shareholders of record at the close of business on February 28, 2013.Russel Metals is one of the largest metals distribution companies in North America. It carries on business in three metals distribution segments: metals service centers, energy products and steel distributors, under
TORONTO, ONTARIO — (Marketwire) — 02/08/13 — Russel Metals Inc. (TSX: RUS) announced today that the strike at the Company-s Acier Leroux plant in Boucherville, Quebec has been resolved. Yesterday, a wide majority of the employees voted in favour of a five year contract and will be returning to work on Monday, February 11, 2013.Brian R. Hedges, President and CEO, stated "We are pleased to have a five year agreement in place and now our management and union members can concentrate on pro
TORONTO, ONTARIO — (Marketwire) — 01/14/13 — The Company-s results for the 2012 year end and fourth quarter will be issued by press release on Tuesday, February 12, 2013. Please note, as in accordance with the general guidelines of the TSX Manual, Russel Metals Inc. will be releasing all non-material announcements after the close of business at 5:00 p.m. ET.An Investor Conference Call will be hosted by Brian R. Hedges, President and Chief Executive Officer and Marion E. Britton, Vice Presid
TORONTO, ONTARIO — (Marketwire) — 11/29/12 — Russel Metals Inc. (TSX: RUS) is pleased to announce a $7 million investment for the upgrade of its two cut-to-length lines at its B&T Steel division in Stoney Creek, Ontario. The Company will be adding a Red Bud Industries stretcher leveler to its light gauge line and a Butech Bliss synergy hydraulic roller leveler to its heavy gauge line. These upgrades allow the Company to continue to provide superior quality products with industry leading
TORONTO, ONTARIO — (Marketwire) — 10/30/12 — Russel Metals Inc. (TSX: RUS) today announced third quarter 2012 earnings of $23 million, or $0.37 per share on revenues of $713 million compared to earnings of $26 million or $0.43 per share in the third quarter of 2011. Net earnings for the nine months ended September 30, 2012 were $78 million or $1.30 per share compared to earnings of $90 million or $1.50 per share for the nine months ended September 30, 2011.Revenues in our metals service cen
TORONTO, ONTARIO — (Marketwire) — 09/11/12 — Russel Metals Inc. (TSX: RUS) today announced that it is in discussions with the Quebec Ministry of Labour and the Confederation des Syndicats Nationaux (CSN) representatives to reach agreement on language and issues related to the Company-s Acier Leroux plant in Boucherville, Quebec. During this process the union has taken strike action.Brian R. Hedges, President and CEO, stated "The decision by the union to strike before the Company had ev
TORONTO, ONTARIO — (Marketwire) — 08/29/12 — Russel Metals Inc. (TSX: RUS) today announced that it has entered into a Letter of Intent with Apex Distribution Inc. pursuant to which Apex Distribution has agreed to deal exclusively with Russel Metals until October 31, 2012 and the parties have agreed to negotiate in good faith to enter into a definitive agreement for the acquisition by Russel Metals of Apex Distribution and related companies. The purchase price will consist of cash at closing
TORONTO, ONTARIO — (Marketwire) — 08/02/12 — Russel Metals Inc. (TSX: RUS) announced today that it has declared a dividend in the amount of Cdn$0.35 per share on its common shares, payable on September 17, 2012 to shareholders of record at the close of business on August 27, 2012.Russel Metals is one of the largest metals distribution companies in North America. It carries on business in three metals distribution segments: metals service centers, energy tubular products and steel distributo
TORONTO, ONTARIO — (Marketwire) — 07/03/12 — The Company-s results for the 2012 second quarter will be issued by press release on Thursday, August 2, 2012. Please note, as in accordance with the general guidelines of the TSX Manual, Russel Metals Inc. is adopting the practice of releasing all non-material announcements after the close of business at 5:00 p.m. ET.An Investor Conference Call will be hosted by Brian R. Hedges, President and Chief Executive Officer and Marion E. Britton, Vice P
TORONTO, ONTARIO — (Marketwire) — 05/24/12 — Russel Metals Inc. (TSX: RUS) announced today that they have signed an agreement to acquire Alberta Industrial Metals Ltd., a metals distribution and processing service center located in Red Deer, Alberta. The acquisition includes the operating assets and the land and buildings. The total purchase price was $30 million. Revenues are approximately $30 million.Brian Hedges, President and CEO of Russel Metals stated "We are extremely pleased to