Russel Metals Inc (RUSMF)

Russel Metals Inc was incorporated on July 25, 1929. The Company is one of the metals distribution and processing companies in North America. It mainly distributes steel products and conducts its distribution business in three main business segments: metals service centers; energy tubular products and steel distributors. The Company's network of metals service centers provides processing and distribution services on a broad 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 and aluminium. The Company's energy products operations distribute oil country tubular products, line pipe, tubes, valves, flanges and fittings, primarily to the energy industry in Western Canada and the United States. The Company's steel distributors act as master distributors selling steel to customers in large volumes, mainly on an "as is" basis. Steel distributors source their steel domestically and offshore. The main steel products sourced by this segment are carbon steel plate, beams, channel, flat rolled products, rails and pipe products. The Company is subject to a variety of federal, provincial, territorial, state and local environmental laws and regulations in Canada and the United States.