31
Jul
00:27
Ryerson warns of decrease in Q3 shipments, pricing
Ryerson anticipates weaker third-quarter performance as it contends with an extended industry counter-cycle period, Kallanish learns from the company’s Q2 earnings release.
Reyerson's third-quarter forecast calls for a decrease in shipments of 2-4% quarter-on-quarter and for a decline of average selling prices of 3-5%. The company anticipates Q3 revenue to be in the range of $1.12-1.16 billion.
"Over the second quarter we managed through a compres…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous