Russel Metals, Inc.: Update following ratings upgrade
Improved steel and energy sector dynamics lead to a strengthening credit profileRussel Metals is a metals distribution company operating in various locations within North America. Co. primarily distributes steel and other metal products in three principal business segments: metals service centers, energy products, and steel distribution. Co.'s network of metals service centers carry a line of metal products in a range of sizes, shapes and specifications. Co.'s energy products operations carry a product line focused on the needs of its energy industry customers. Co.'s steel distributors act as master distributors, selling steel to other metals service centers and equipment manufacturers.
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