Russel Metals Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was CAD 1,019.3 million compared to CAD 1,099.8 million a year ago. Net income was CAD 47.2 million compared to CAD 57.9 million a year ago.

Basic earnings per share from continuing operations was CAD 0.78 compared to CAD 0.93 a year ago. Diluted earnings per share from continuing operations was CAD 0.78 compared to CAD 0.93 a year ago.