Russel Metals reports record Q1 revenues of $1.4B, boosts dividend to $0.44/share, and shows strong U.S. growth.

Russel Metals Inc. announced record quarterly revenues of $1.4 billion and EBITDA of $124 million for Q1 2026, driven by favorable market conditions and the acquisition of Kloeckner assets. The company completed a $39 million real estate sale, exceeding its capital reduction target, and declared a quarterly dividend increase to $0.44 per share. U.S. operations now represent over half of revenues and operating profits, reflecting successful growth initiatives. Looking ahead, Russel Metals expects steady shipments and improved margins supported by ongoing infrastructure investments and market demand.