Steel Mills
November 3, 2022
Ryerson Announces Solid Third Quarter
Written by Becca Moczygemba
Just a day after announcing its acquisition of West Coast fabrication and machining company Excelsior, Ryerson reported solid third quarter earnings results on Thursday, Nov. 2.
Despite decreasing metal prices and declining industry demand, the Chicago-based service center group maintains a positive outlook. “Ryerson delivered strong operational and financial performance,” said Eddie Lehner, Ryerson president and CEO “Ryerson is now in a historically strong position to reinvest in the modernization and growth of our intelligent and connected service center network, while continuing to provide returns to shareholders.”
