Director selling at Russel Metals (RUS)

Director selling at Russel Metals (T:RUS)

Brian Robie Hedges, a Director, disposed of 40,000 Common Shares on a direct ownership basis at prices ranging from $30.000 to $30.030 on May 17th, 2018. This represents a $1,200,112 divestment of the company's shares and an account share holdings change of -25.1%.

Russel Metals is in the Steel Sub Industry Group under the Basic Materials Sector.

Russel Metals Inc. is a metals distribution and processing company. The Company primarily distributes steel products. The Company operates through three segments: metals service centers, energy products and steel distributors. The Company provides processing and distribution services to a base of approximately 43,000 end users through a network of 50 locations in Canada and 14 locations in the United States. The Company's network of metals service centers carries a line of metal products in a range of sizes, shapes and specifications, including carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel, aluminum and other non-ferrous specialty metals. The Company's energy products operations distribute oil country tubular goods (OCTG), line pipe, tubes, flanges, valves and fittings to the energy industry. The Company's steel distributors segment is engaged in selling steel to other steel service centers and equipment manufacturers.