Welcome to our dedicated page for Russel Metal Ord news (Ticker: RUSMF), a resource for investors and traders seeking the latest updates and insights on Russel Metal Ord stock.
Russel Metals Inc. (RUSMF) maintains this comprehensive news hub for investors and industry professionals tracking North American metals distribution developments. Our curated collection features official press releases and verified updates spanning the company's three core operations: metals service centers, energy products distribution, and steel wholesale operations.
Access timely updates on quarterly earnings disclosures, strategic acquisitions in the metals sector, operational expansions, and leadership announcements. This resource consolidates critical information for assessing market positioning and supply chain developments within the steel distribution industry.
Key updates include processing facility upgrades, inventory management innovations, and partnership agreements with industrial manufacturers. All content undergoes verification to ensure accuracy and relevance for financial analysis and procurement decision-making.
Bookmark this page for direct access to RUSMF's latest developments, or check back regularly to stay informed about North American metals distribution trends impacting multiple industrial sectors.
Russel Metals (TSX: RUSMF) reported Q3 2025 results for the three months ended September 30, 2025: revenues $1,167M, EBITDA $75M and EPS $0.63. Year-to-date metrics include nine-month revenues $3,548M, EBITDA $268.5M and annualized ROIC 16%. The company returned capital via $14M of share buybacks and $24M of dividends in Q3 and reported available liquidity of $600M ($435M pro forma for the announced U.S. acquisition).
Management announced Western Canada rationalization initiatives, binding property sale agreements, and an agreement to acquire seven U.S. service centers for roughly US$118.6M, which would add about US$500M of annual revenues when completed.
Russel Metals (OTC:RUSMF) will release its 2025 third quarter results on Wednesday, November 5, 2025 after market close at 5:00 p.m. ET. An investor conference call to review results will be held on Thursday, November 6, 2025 at 9:00 a.m. ET, hosted by Martin L. Juravsky, EVP & CFO, and John G. Reid, President & CEO.
Investors can register for an automated callback at https://emportal.ink/4nvkgrP or dial 1-416-945-7677 (Toronto/international) or 1-888-699-1199 (U.S./Canada). A replay is available until midnight, Thursday, November 20, 2025 at 1-289-819-1450 or 1-888-660-6345 (passcode 30448#). For IR inquiries or to unsubscribe from call notices, contact info@russelmetals.com or 905-816-5178.
Russel Metals (TSX: RUS) has received TSX approval for a new Normal Course Issuer Bid (NCIB) program. The company can repurchase up to 5,542,173 common shares, representing 10% of its public float, between August 18, 2025, and August 17, 2026.
Daily purchases will be limited to 37,951 shares, or 25% of the average daily trading volume. Under its previous NCIB, Russel Metals purchased 2,389,419 shares at an average price of $40.25. The company will fund the buyback using existing cash resources or credit facilities, with all repurchased shares to be cancelled.
Russel Metals (TSX: RUS) reported strong Q2 2025 financial results with revenues reaching $1.2 billion, up 3% from Q1 2025 and marking the highest level since mid-2022. The company achieved EBITDA of $108 million, a 26% increase from Q1, with EBITDA margin expanding to 9.0%. Earnings per share grew to $1.07, up 43% quarter-over-quarter.
Key highlights include near-record shipments in metal service centers, improved energy field store performance, and strong capital returns to shareholders through $22 million in share buybacks and $24 million in dividends. The company maintains robust liquidity of $566 million and achieved an impressive 20% annualized return on capital.
Management expects some margin moderation and seasonal reduction in Q3 2025 activity but remains optimistic about medium-term growth driven by U.S. industrial manufacturing expansion and infrastructure investments.
Russel Metals (OTC:RUSMF) has scheduled its 2025 second quarter results conference call for Friday, August 8, 2025, at 9:00 a.m. ET. The company will release its Q2 2025 results the previous day after market close at 5:00 p.m. ET.
The conference call will be hosted by Martin L. Juravsky, Executive Vice President and CFO, and John G. Reid, President and CEO. Participants can join through an automated callback system or dial in directly using provided numbers for U.S., Canada, and international callers. A replay will be available until August 22, 2025.
Russel Metals (RUS: TSX) held its 2025 annual meeting of shareholders on May 7, 2025, with 60.91% of outstanding shares represented. All nine director nominees were successfully elected with strong approval ratings, ranging from 88.47% to 99.45%. The company's "say on pay" resolution received 79.38% approval, and KPMG LLP was confirmed as auditors.
Russel Metals operates as one of North America's largest metals distribution companies, focusing on three segments: metals service centers, energy field stores, and steel distributors. The company specializes in various metal products including carbon steel, pipe products, stainless steel, and aluminum.
Russel Metals has successfully extended and amended its credit facilities, marking significant improvements in its debt structure. The company has extended its $400 million revolving credit facility and $50 million letters of credit facility to April 30, 2029.
Key developments include:
- Removal of the springing lien provision
- Maintenance of unsecured facilities with no borrowing base restrictions
- Continuation of investment grade financial covenants
- Cancellation of $150 million sidecar bank facility following a $300 million issuance of 4.423% Notes due in 2030
According to CFO Martin L. Juravsky, these changes provide Russel with significant liquidity, flexible financial covenants, and low-cost term debt without financial covenants, supporting the company's ongoing strategic initiatives.
Russel Metals has announced its upcoming 2025 first quarter results conference call schedule. The company will release its Q1 2025 results on Tuesday, May 6, 2025, after market close at 5:00 p.m. ET.
The Investor Conference Call will be held on Wednesday, May 7, 2025, at 9:00 a.m. ET, featuring Martin L. Juravsky, Executive Vice President and CFO, and John G. Reid, President and CEO. Investors can join through automated registration or direct dial-in options.
A replay of the call will be available until Wednesday, May 21, 2025, with specific access codes and contact information provided for investor relations inquiries.
Russel Metals (TSX: RUS) has successfully completed its previously announced offering of $300 million aggregate principal amount of senior unsecured notes. The notes, rated BBB (low) with a stable trend by DBRS , carry a 4.423% interest rate and will mature in 2030. The company plans to utilize the net proceeds from this offering for general corporate purposes.