Russel Metals Inc. (RUS) Q1 2026 Earnings Call

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WEBVTT 00:00:01.432 -- 00:00:05.959 Good morning, ladies and gentlemen, and welcome to the 2026 First Quarter Results for 00:00:05.959 -- 00:00:09.123 Russell Metals. Today's call will be hosted by Mr. 00:00:09.123 -- 00:00:14.050 Martin Dorofsky, Executive Vice President and Chief Financial Officer, and Mr. 00:00:14.050 -- 00:00:18.096 John Reed, President and Chief Executive Officer of Russell Metals. 00:00:18.096 -- 00:00:22.122 Today's presentation will be followed by a question and answer period. 00:00:22.122 -- 00:00:26.669 At that time, if you have a question, please press star 1 on your telephone keypad. 00:00:26.669 -- 00:00:29.433 I will now turn the meeting over to Mr. Martin Dorofsky. 00:00:29.433 -- 00:00:32.334 Please go ahead, Mr. Dorofsky. 00:00:32.397 -- 00:00:35.860 Great. Thank you, Operator, and good morning, everyone. 00:00:35.860 -- 00:00:40.864 I plan on providing an overview of the Q1 2026 results, 00:00:40.864 -- 00:00:44.948 and if you want to follow along, I'll be using the slides that are on our website. 00:00:44.948 -- 00:00:49.272 You can go to the investor relations section, and it's located in the conference call 00:00:49.272 -- 00:00:54.697 submenu, or alternatively, you can click on the link that is in the investor conference 00:00:54.697 -- 00:00:58.940 call paragraph of our recent press release. 00:00:58.940 -- 00:01:02.165 If you go to page three, you can read our cautionary statement. 00:01:02.165 -- 00:01:05.066 on forward looking information. 00:01:05.769 -- 00:01:11.334 To begin, I would characterize Q1 as a very positive inflection 00:01:11.334 -- 00:01:17.000 point for two primary reasons. One, a number of the strategic initiatives 00:01:17.000 -- 00:01:22.306 that have been discussed over the past year or so have translated...