Director buying at Russel Metals (RUS)

Director buying at Russel Metals (T:RUS)

Alain Benedetti, a Director, acquired 10,000 Common Shares on a control or direction basis for registered holder Lynda Benedetti at a price of $21.917 on December 6th, 2018. This represents a $219,171 investment into the company's shares and an account share holdings change of greater than 100%.

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.