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
(2019
sales of $3.66 billion
of which 81%
was U.S.),
Olympic Steel, Inc.
of UNITED STATES
($1.58 billion
of which 59%
was Carbon flat products), and
L.B. Foster Co
which is
also
based in UNITED STATES
($655.06 million
of which 49%
was Rail Products and Services).
Sales Analysis.
During the year ended December of 2019, sales at
Russel Metals Inc were C$3.68 billion (US$2.89 billion).
This
is
a
decrease of 11.7%
versus 2018, when the company's sales were C$4.17 billion.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Russel Metals Inc had sales
of C$3.87 billion.
Contributing to the drop in overall sales was the 18.0% decline
in Energy Products, from C$1.60 billion to C$1.31 billion.
There were also decreases in sales in
Metals Service Centers (down 6.8% to C$1.96 billion)
and
Steel Distributors (down 13.3% to C$395.90 million)
.
However, these declines were partially offset by the increase in sales of
Other (up 10.8% to C$11.30 million)
.