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Amazon plans to buy Central Steel site on Southwest Side
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Metalektro-werknemers uit Groningen gaan donderdag staken - OOG Radio en Televisie
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Metalektro-bedrijven rond Groningen leggen donderdag het werk neer: staakstraat bij hotel Van der Valk in Zuidbroek Een betere cao kan prima, er wordt goed geld verdiend in de branche
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Personeel metalektrobedrijven gaat donderdag staken
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CHICAGO, Feb. 24, 2021 /PRNewswire/
Ryerson Holding Corporation (NYSE: RYI), a leading value-added processor and distributor of industrial metals, today reported results for the fourth quarter and full-year ended December 31, 2020.
Q4 2020 Highlights:
Continued successfully executing upon our dual mandate pandemic response plan to safeguard the health and safety of our employees and to improve the liquidity and recovery capacity of the Company.
Redeemed $50 million in outstanding Senior Secured Notes due 2028 and ended the year with net debt of $679 million, a decrease of $244 million compared to 2019 enabled by strong cash flow generation from operations of $278 million.
Fourth quarter revenues increased by 2.6% sequentially driven by the robust metals pricing environment and recovering demand fundamentals. Gross margin contracted quarter-over-quarter to 18.0% due to lagging contract business price resets, whereas gross margin, excluding LIFO expanded