PR Newswire
NOTICE
TORONTO, April 4, 2025 /CNW/ - The Company's results for the 2025 first quarter will be issued by press release on Tuesday, May 6, 2025, after the close of business at 5:00 p.m. ET.
An Investor Conference Call will be hosted by Martin L. Juravsky, Executive Vice President and Chief Financial Officer and John G. Reid, President and Chief Executive Officer on Wednesday, May 7, 2025, at 9:00 a.m. ET to review the results.
NOTICE
TORONTO, April 4, 2025 /PRNewswire/ - The Company's results for the 2025 first quarter will be issued by press release on Tuesday, May 6, 2025, after the close of business at 5:00 p.m. ET.
An Investor Conference Call will be hosted by Martin L. Juravsky, Executive Vice President and Chief Financial Officer and John G. Reid, President and Chief Executive Officer on Wednesday, May 7, 2025, at 9:00 a.m. ET to review the results.
To join the conference call without operator assistance, you may register and enter your phone number at https://emportal.ink/4c8rsoZ to receive an instant automated call back.
TORONTO, March 28, 2025 /CNW/ - Russel Metals Inc. (TSX: RUS) announces that it has closed its previously announced offering (the "Offering") of $300 million aggregate principal amount of 4.423% senior unsecured notes due 2030 (the "Notes"). The net proceeds from the Offering will be used for general corporate purposes. The Notes have been assigned a final rating of BBB (low), with a stable trend, by DBRS Limited.
TORONTO, March 28, 2025 /PRNewswire/ - Russel Metals Inc. (TSX: RUS) announces that it has closed its previously announced offering (the "Offering") of $300 million aggregate principal amount of 4.423% senior unsecured notes due 2030 (the "Notes"). The net proceeds from the Offering will be used for general corporate purposes. The Notes have been assigned a final rating of BBB (low), with a stable trend, by DBRS Limited.
About Russel Metals Inc.
Russel Metals is one of the largest metals distribution companies in North America with a growing focus on value-added processing. It carries on business in three segments: metals service centers, energy field stores and steel distributors. Its network of metals service centers carries an extensive line of metal products in a wide range of sizes, shapes and specifications, including carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel, aluminum and other non-ferrous specialty metals. Its energy field stores carry a specialized product line focused on the needs of energy industry customers. Its steel distributors operations act as master distributors selling steel in large volumes to other steel service centers and large equipment manufacturers mainly on an "as is" basis.
TORONTO, March 20, 2025 /CNW/ - Russel Metals Inc. (TSX: RUS) announces that it has priced an offering (the "Offering") of $300 million aggregate principal amount of 4.423% senior unsecured notes due 2030 (the "Notes"). The net proceeds from the Offering are expected to be used for general corporate purposes. The Notes have been assigned a provisional rating of BBB (low), with a stable trend, by DBRS Limited.
TORONTO, March 20, 2025 /PRNewswire/ - Russel Metals Inc. (TSX: RUS) announces that it has priced an offering (the "Offering") of $300 million aggregate principal amount of 4.423% senior unsecured notes due 2030 (the "Notes"). The net proceeds from the Offering are expected to be used for general corporate purposes. The Notes have been assigned a provisional rating of BBB (low), with a stable trend, by DBRS Limited.
TORONTO, Feb. 12, 2025 /PRNewswire/ - Russel Metals Inc. (TSX: RUS) announces financial results for the fourth quarter and the year ended December 31, 2024.
Revenues of $4.3 Billion in 2024 and $1.0 Billion in Q4 2024EBITDA1 of $299 Million in 2024 and $61 Million in Q4 2024Generated $344 Million of Cash from Operating Activities in 2024 and $110 Million in Q4 2024Closed Two Acquisitions in 2024Completed Many Facility Modernizations & Value-Added Equipment Projects in 2024Repurchased $131 Million of Shares and Paid $98 Million of Dividends in 2024Strong Capital Structure with Liquidity1 of $580 Million
TORONTO, Feb. 12, 2025 /CNW/ - Russel Metals Inc. (TSX: RUS) announces financial results for the fourth quarter and the year ended December 31, 2024.
Revenues of $4.3 Billion in 2024 and $1.0 Billion in Q4 2024EBITDA1 of $299 Million in 2024 and $61 Million in Q4 2024Generated $344 Million of Cash from Operating Activities in 2024 and $110 Million in Q4 2024Closed Two Acquisitions in 2024Completed Many Facility Modernizations & Value-Added Equipment Projects in 2024Repurchased $131 Million of Shares and Paid $98 Million of Dividends in 2024Strong Capital Structure with Liquidity1 of $580 Million
NOTICE
TORONTO, Jan. 6, 2025 /CNW/ - The Company's results for the 2024 year end and fourth quarter will be issued by press release on Wednesday, February 12, 2025, after the close of business at 5:00 p.m. ET.
An Investor Conference Call will be hosted by Martin L. Juravsky, Executive Vice President and Chief Financial Officer and John G. Reid, President and Chief Executive Officer on Thursday, February 13, 2025, at 9:00 a.m. ET to review the results.
NOTICE
TORONTO, Jan. 6, 2025 /PRNewswire/ - The Company's results for the 2024 year end and fourth quarter will be issued by press release on Wednesday, February 12, 2025, after the close of business at 5:00 p.m. ET.
An Investor Conference Call will be hosted by Martin L. Juravsky, Executive Vice President and Chief Financial Officer and John G. Reid, President and Chief Executive Officer on Thursday, February 13, 2025, at 9:00 a.m. ET to review the results.
To join the conference call without operator assistance, you may register and enter your phone number at https://emportal.ink/4iTCMZ9 to receive an instant automated call back.
TORONTO, Dec. 4, 2024 /PRNewswire/ - Russel Metals Inc. (TSX: RUS) announces that it has closed its acquisition of Tampa Bay Steel.
John Reid, President and CEO of Russel Metals commented, "We are excited to have Tampa Bay Steel join our Southern US businesses, especially as we continue to explore opportunities for growth in the region. We welcome Mark Stewart and his entire team to the Russel Metals family."
About Russel Metals Inc.
Russel Metals is one of the largest metals distribution companies in North America with a growing focus on value-added processing. It carries on business in three segments: metals service centers, energy field stores and steel distributors. Its network of metals service centers carries an extensive line of metal products in a wide range of sizes, shapes and specifications, including carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel, aluminum and other non-ferrous specialty metals. Its energy field stores carry a specialized product line focused on the needs of energy industry customers. Its steel distributors operations act as master distributors selling steel in large volumes to other steel service centers and large equipment manufacturers mainly on an "as is" basis.
TORONTO, Dec. 4, 2024 /CNW/ - Russel Metals Inc. (TSX: RUS) announces that it has closed its acquisition of Tampa Bay Steel.
John Reid, President and CEO of Russel Metals commented, "We are excited to have Tampa Bay Steel join our Southern US businesses, especially as we continue to explore opportunities for growth in the region. We welcome Mark Stewart and his entire team to the Russel Metals family."
TORONTO, Nov. 12, 2024 /CNW/ - Russel Metals Inc. (TSX: RUS) announces that it has entered into an agreement to acquire Tampa Bay Steel Corporation ("Tampa Bay Steel") for US$79.5 million, subject to normal course adjustments. The purchase price includes working capital, buildings and equipment, and the related real estate. Tampa Bay Steel has a long standing and well-respected management team in the central Florida region, and its business includes significant value-added processing and non-ferrous products.
TORONTO, Nov. 12, 2024 /PRNewswire/ - Russel Metals Inc. (TSX: RUS) announces that it has entered into an agreement to acquire Tampa Bay Steel Corporation ("Tampa Bay Steel") for US$79.5 million, subject to normal course adjustments. The purchase price includes working capital, buildings and equipment, and the related real estate. Tampa Bay Steel has a long standing and well-respected management team in the central Florida region, and its business includes significant value-added processing and non-ferrous products.
TORONTO, Nov. 6, 2024 /PRNewswire/ - Russel Metals Inc. (TSX: RUS) announces financial results for three months ended September 30, 2024.
Revenues of $1.1 Billion, EBITDA1 of $67 Million and EPS of $0.59Generated $163 Million of Cash from Operating ActivitiesClosed the Samuel Acquisition and Reduced its Related Invested CapitalEntered into New $600 Million Credit AgreementInvested $21 Million in Capital ExpendituresRepurchased $46 Million of Shares Equaling 2% of Shares OutstandingLiquidity1 of $762 Million
TORONTO, Nov. 6, 2024 /CNW/ - Russel Metals Inc. (TSX: RUS) announces financial results for three months ended September 30, 2024.
Revenues of $1.1 Billion, EBITDA1 of $67 Million and EPS of $0.59Generated $163 Million of Cash from Operating ActivitiesClosed the Samuel Acquisition and Reduced its Related Invested CapitalEntered into New $600 Million Credit AgreementInvested $21 Million in Capital ExpendituresRepurchased $46 Million of Shares Equaling 2% of Shares OutstandingLiquidity1 of $762 Million
Notice
TORONTO, Oct. 04, 2024 /CNW/ - The Company's results for the 2024 third quarter will be issued by press release on Wednesday, November 6, 2024, after the close of business at 5:00 p.m. ET.
An Investor Conference Call will be hosted by Martin L. Juravsky, Executive Vice President and Chief Financial Officer and John G. Reid, President and Chief Executive Officer on Thursday, November 7, 2024, at 9:00 a.m. ET to review the results.
Notice
TORONTO, Oct. 04, 2024 /PRNewswire/ - The Company's results for the 2024 third quarter will be issued by press release on Wednesday, November 6, 2024, after the close of business at 5:00 p.m. ET.
An Investor Conference Call will be hosted by Martin L. Juravsky, Executive Vice President and Chief Financial Officer and John G. Reid, President and Chief Executive Officer on Thursday, November 7, 2024, at 9:00 a.m. ET to review the results.
To join the conference call without operator assistance, you may register and enter your phone number at https://emportal.ink/4daCJny to receive an instant automated call back.
TORONTO, Oct. 1, 2024 /PRNewswire/ - Russel Metals Inc. (TSX: RUS) today gave notice to redeem its 5.75% senior unsecured notes due October 27, 2025 (the "Notes") effective October 27, 2024, at a price equal to 100% of the aggregate principal amount of the Notes to be redeemed plus accrued and unpaid interest thereon. This redemption represents all of the original $150 million principal amount of the Notes.
Martin L. Juravsky, Executive Vice President and CFO commented, "This redemption will reduce Russel's interest expense and increase our future financial flexibility, while maintaining strong ongoing liquidity. This redemption is the final step in removing our legacy high yield debt structure, following the May, 2024 redemption of $150 million of 6% senior unsecured notes and in July 2024 entering into our new $600 million investment grade unsecured bank credit facility".
TORONTO, Oct. 1, 2024 /CNW/ - Russel Metals Inc. (TSX: RUS) today gave notice to redeem its 5.75% senior unsecured notes due October 27, 2025 (the "Notes") effective October 27, 2024, at a price equal to 100% of the aggregate principal amount of the Notes to be redeemed plus accrued and unpaid interest thereon. This redemption represents all of the original $150 million principal amount of the Notes.
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