Russel Metals Inc operates within the Metals service centers and offices sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Russel Metals Inc with three other
miscellaneous wholesalers in North America:
MRC Global Incorporated
of UNITED STATES
(2020
sales of $2.56 billion
of which 79%
was U.S.),
Olympic Steel, Inc.
of UNITED STATES
($1.23 billion
of which 56%
was Carbon flat products), and
L.B. Foster Co
which is
also
based in UNITED STATES
($497.41 million
of which 56%
was Rail Products and Services).
Sales Analysis.
During the year ended December of 2020, sales at
Russel Metals Inc were C$2.69 billion (US$2.15 billion).
This
is
a
sharp
decrease of 26.9%
versus 2019, when the company's sales were C$3.68 billion.
Contributing to the drop in overall sales was the 39.2% decline
in Energy Products, from C$1.31 billion to C$797.50 million.
There were also decreases in sales in
Metals Service Centers (down 17.2% to C$1.62 billion)
and
Steel Distributors (down 33.8% to C$261.90 million)
and
Other (down 37.2% to C$7.10 million)
.