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Weekly: Russel Metals keeps sliding: down 11.6% in 6 weeks September 21, 2018 17:00 EDT

Sep 21, 2018 - News Bites Canadian Markets


Russel Metals Inc. (TSX:RUS), Canada's 3rd largest Steel company by market cap, extended its slide in the past week ended Friday, shedding an additional 26.0c (or 0.9%) to close at CAD27.34. The shares have plummeted CAD3.60 (or 11.6%) over the past six weeks. Compared with the S&P/TSX 60 Index which fell 9.3 points (or 1.0%) in the six weeks, this represented a relative price change of -10.7%. The volume was 0.8 times average trading per week of 902,385 shares...