# Russel Metals announces closure of Delta, BC branch and sale of real estate

Russel Metals announced the permanent closure of its Delta, British Columbia location and sale of real estate in Delta and Saskatoon, with total cash proceeds greater than $40 million, as part of rationalization initiatives in Western Canada.

- Type: Closure
- Announced: 2025-09-17
- Where: Delta, British Columbia; Saskatoon, Saskatchewan, Canada
- Value: $30.0M (40.0M CAD)
- Status: announced
- Products: metal products, steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Russel Metals](https://endata.com/companies/5410.md)

## Sources

- [newswire.ca](https://www.newswire.ca/news-releases/russel-metals-announces-rationalization-initiatives-in-western-canada-896492996.html), 2025-09-17: "Binding agreements are in place to sell the real estate associated with our branches in Delta (British Columbia) and Saskatoon (Saskatchewan)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.