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Russel Metals Announces Upgrades to Cut-To-Length Lines in Ontario
Published : November 29, 2012
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Keywords :   Growth | Market |

TORONTO, ONTARIO--(Marketwire - Nov. 29, 2012) - Russel Metals Inc. (News - Market indicators) 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 flatness.

The installation involves a two phased approach starting with the light gauge line in early 2013 immediately followed by the heavy gauge line in mid-2013.

John Reid, Vice President, Operations Service Centers stated, "This investment in value added capabilities reinforces our commitment to our customers' needs for improved flatness tolerances and superior service. We look forward to continued growth with all of our business partners."

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 distributors, under various names including Russel Metals, A.J. Forsyth, Acier Leroux, Acier Loubier, Acier Richler, Alberta Industrial Metals, Apex Distribution, Apex Remington, Arrow Steel Processors, B&T Steel, Baldwin International, Comco Pipe and Supply, Fedmet Tubulars, JMS Russel Metals, Leroux Steel, McCabe Steel, Mégantic Métal, Métaux Russel, Métaux Russel Produits Spécialisés, Milspec, Norton Metals, Pioneer Pipe, Russel Metals Specialty Products, Russel Metals Williams Bahcall, Siemens Laserworks, Spartan Energy Tubulars, Sunbelt Group, Triumph Tubular & Supply, Wirth Steel and York-Ennis.



Russel Metals Inc.
Brian R. Hedges
Chief Executive Officer
(905) 819-7401
info@russelmetals.com
www.russelmetals.com
Companies Mentionned : Energy X X I | Metals X | Russel Metals |
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Russel Metals Inc.

CODE : RUS.TO
ISIN : CA7819036046
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Russel Metals is a producing company based in Canada.

Russel Metals is listed in Canada. Its market capitalisation is CA$ 1.3 billions as of today (US$ 1.0 billions, € 908.4 millions).

Its stock quote reached its highest recent level on December 31, 2003 at CA$ 8.90, and its lowest recent point on May 08, 2009 at CA$ 10.02.

Russel Metals has 61 700 000 shares outstanding.

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Financings of Russel Metals Inc.
8/3/2011Announces a 9% Increase in Common Share Dividend
5/4/2009Amends and Increases its Credit Facility
Option Grants of Russel Metals Inc.
2/13/2013Declares Common Share Dividend
10/30/2012Declares Common Share Dividend
5/4/2012Announces a 17% Increase in Common Share Dividend
2/16/2012Declares Common Share Dividend
11/4/2011Declares Common Share Dividend
Nominations of Russel Metals Inc.
2/21/2013Announces the Promotion of John G=2E Reid to Chief Operating...
Financials of Russel Metals Inc.
2/19/2014Announces 2013 Annual and Fourth Quarter Results
11/7/2013Russel Metals Announces Third Quarter Results
11/7/2013Russel Metals Announces Third Quarter Results
8/7/2013Announces Second Quarter Results
2/13/2013Announces 2012 Annual and Fourth Quarter Results
10/30/2012Announces Third Quarter Results
5/4/2012Announces Solid First Quarter Results
2/16/2012Announces Strong 2011 Annual and Fourth Quarter Results
11/4/2011Announces Third Quarter Results
8/5/2011Announces Strong Second Quarter Results
5/16/2011Announces a Significant Increase in First Quarter Results
2/17/2011Announces 2010 Annual and Fourth Quarter Results
8/11/2010Stronger Second Quarter 2010 Net Earnings
5/12/2010Announces Stronger First Quarter 2010 Net Earnings
2/18/20102009 Annual and Fourth Quarter Results
11/3/2009Announces Sequentially StrongerThird Quarter 2009 Net Earnin...
8/5/2009Announces 2009 Second Quarter Loss
5/12/20092009 First Quarter Loss
2/24/20092008 Annual and Fourth Quarter Results
11/6/2008Reports Third Quarter 2008 Net Earnings of $1.45 Per Share a...
8/5/2008 Reports Second Quarter 2008 Net Earnings of $1=2E25 Per Sha...
6/11/2008Exceed Street Expectations for Second Quarter Earnings
5/12/2008 Reports First Quarter 2008 Net Earnings of $0.46 per Share
Corporate news of Russel Metals Inc.
1/22/2016S&P Dow Jones Indices Announces the Annual Review of S&P/TSX...
1/15/2016Russel Metals Inc. - Notice - 2015 Year End and Fourth Quart...
11/13/2015Russel Metals, Inc. -- Moody's revises Russel Metals' outloo...
11/4/2015Russel Metals Announces Redemption of 7.75% Convertible Unse...
11/2/2015Russel Metals Announces the Promotion of John G. Reid to Pre...
10/30/2015Russel Metals Declares Common Share Dividend
10/30/2015Russel Metals Announces 2015 Third Quarter Results
10/30/2015Q3 2015 Russel Metals Inc Earnings Release - 5:00 pm ET
10/14/2015Russel Metals, Inc. breached its 50 day moving average in a ...
9/30/2015Notice - 2015 Third Quarter Results Conference Call
9/25/2015Russel Metals Announces Redemption of 7.75% Convertible Unse...
9/8/2015Russel Metals Announces New President of Apex Distribution
9/4/2015Value Investors: 3 Stocks to Buy Today
9/3/2015Russel Metals, Inc. breached its 50 day moving average in a ...
9/3/2015ETF’s with exposure to Russel Metals, Inc.
8/26/2015Russel Metals, Inc. Earnings Q2, 2015
8/12/2015Russel Metals Announces 2015 Second Quarter Results
8/12/2015Russel Metals Declares Common Share Dividend
8/12/2015Q2 2015 Russel Metals Inc Earnings Release - 5:00 pm ET
7/13/2015Notice - 2015 Second Quarter Results Conference Call
5/20/2015Russel Metals, Inc. -- Moody's downgrades Russel Metals' rat...
5/19/2015Russel Metals Announces the Acquisition of Western Fiberglas...
5/6/2015Russel Metals Announces 2015 Annual and Special Meeting Voti...
5/5/2015Russel Metals Declares Common Share Dividend
5/5/2015Russel Metals Announces 2015 First Quarter Results
5/5/2015Q1 2015 Russel Metals Inc Earnings Release - 5:00 pm ET
4/6/2015Russel Metals Supports Higher Education
4/6/2015Notice - 2015 First Quarter Results Conference Call
2/18/2015Russel Metals Adopts Advance Notice By-Law
2/18/2015Russel Metals Announces Strong 2014 Annual and Fourth Quarte...
2/18/2015Russel Metals Declares Common Share Dividend
2/18/2015Q4 2014 Russel Metals Inc Earnings Release - After Market Cl...
1/20/2015NOTICE - 2014 Year End and Fourth Quarter Results Conference...
12/23/2014Small-cap stocks’ gains overshadowed by S&P 500’s record
11/4/2014Russel Metals Announces: Strong Third Quarter Results and Re...
11/4/2014Russel Metals Declares Common Share Dividend
10/3/2014Russel Metals Inc. Notice - 2014 Third Quarter Results Confe...
8/12/2014Russel Metals Announces a 9% Increase in Common Share Divide...
8/12/2014Russel Metals Announces Second Quarter Results
7/10/2014Russel Metals Inc. Notice - 2014 Second Quarter Results Conf...
2/19/2014Russel Metals Declares Common Share Dividend
2/19/2014Métaux Russel annonce ses résultats annuels et du quatrième
2/19/2014Russel Metals Announces 2013 Annual and
2/19/2014Métaux Russel déclare un dividende sur ses actions ordinaire...
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2/19/2014Russel Metals Declares Common Share Dividend
2/19/2014Russel Metals Announces 2013 Annual and
2/19/2014Métaux Russel annonce ses résultats annuels et du quatrième
12/19/2013Russell Meares to retire as a Director 31 December 2013
11/7/2013Métaux Russel annonce ses résultats du troisième trimestre
11/7/2013Russel Metals Declares Common Share Dividend
11/7/2013Métaux Russel annonce ses résultats du troisième trimestre
11/7/2013Métaux Russel déclare un dividende sur ses actions ordinaire...
11/7/2013Métaux Russel déclare un dividende sur ses actions ordinaire...
11/7/2013Declares Common Share Dividend
8/7/2013Declares Common Share Dividend
7/8/20132013 Second Quarter Results Conference Call
5/13/2013Announces 2013 Annual Meeting Voting Results
4/2/2013Notice: 2013 First Quarter Results Conference Call
2/8/2013Announces Settlement of Strike =?ISO-8859-1?Q?=20at=20Bouche...
1/14/2013Notice: 2012 Year End and Fourth Quarter Results Conference ...
11/29/2012Announces Upgrades to Cut-To-Length Lines in Ontario
11/8/2012Announces the Acquisition of Alberta Based Apex Distribution
10/24/2012Announces the Execution of Apex Distribution Agreement
10/1/2012Notice: 2012 Third Quarter Results Conference Call
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9/11/2012Comments on Strike at Boucherville Plant, Quebec
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1/16/2012Notice: 2011 Fourth Quarter and Year End Results Conference ...
10/3/2011Notice: 2011 Third Quarter Results Conference Call
4/12/20112011 First Quarter Results Conference Call
2/17/2011Announces a 10% Increase In Common Share Dividend
12/14/2010Obtains Approval to Amend its Convertible Debentures
11/18/2010Settles Union Contract in British Columbia
10/20/2010Comments on Potential Strike in British Columbia
9/15/2010Announces Executive Promotion
9/8/2010to Participate in SteelDay on September 24, 2010
8/23/2010Announces Rationalization of Its Ontario Long Products Opera...
8/11/2010Declares Common Share Dividend
5/12/2010Declares Common Share Dividend
2/18/2010Declares Common Share Dividend
11/3/2009Declares Common Share Dividend
10/8/2009Announces Closing of $175 Mi
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2/23/2009Announces Actions to Reduce Operating Expenses
2/23/2009Reduces Quarterly Common Share Dividend
12/22/2008Names New Leadership
12/1/2008Inc=2E Completes the Acquisition =?ISO-8859-1?Q?=20of=20Nort...
11/10/2008Signs Purchase Agreement to Acquire Norton Metal Products, I...
11/6/2008Declares Quarterly Common Share Dividend
9/22/2008Announces Automatic Share Purchase Plan
8/5/2008Declares Quarterly Common Share Dividend and Supplemental Di...
5/12/2008 Declares Common Share Dividend
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