Given the onerous 50% tariffs Donald Trump has placed on US steel and aluminum imports, you’d think that this is a terrible time to be in the metals business in Canada.
But not everyone in the industry seems to be suffering. Russel Metals Inc. (TSX: RUS), which we recommended in November 2021 at $35.72, seems to be doing just fine, thanks.
Income Investor
This is not the type of company we normally recommend for income-seeking investors, but Russel Metals has a long history of maximizing shareholder value. - Gordon Pape
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RUS was first recommended here on December 25, 2021