Ryerson Holding Corp., a Chicago-based metals distributor, reported a $37.9 million loss in its fourth-quarter earnings report. This loss is attributed to lower sales volumes and pricing pressures, reflecting broader challenges in the industrial sector. The company’s performance serves as an indicator for economic conditions in manufacturing, construction, and transportation industries.
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Ryerson Reports Q4 Loss
Ryerson Holding Corp., a Chicago-based metals distributor, reported a $37.9 million loss in its fourth-quarter earnings report. This loss is attributed to lower sales volumes and pricing pressures, reflecting broader challenges in the industrial sector. The company’s performance serves as an indicator for economic conditions in manufacturing, construction, and transportation industries.