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Russel Metals Inc.

03:45 PM EST - Russel Metals Inc. : reported net earnings of $19 million or $0.31 per share for the second quarter, compared to a loss of $24.6 million or $0.41 per share in the prior-year quarter. Adjusted net earnings were $0.10 per share for the second quarter of 2009. Consolidated revenues increased 9% to $506 million from $462.5 million in the second quarter of 2009. Russel Metals Inc. shares T.RUS are trading down $0.72 at $19.20.