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Reliance Steel & Aluminum

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  1. Reliance Steel and Aluminum Reports Improved Profitability in First Quarter; FVE Increased to $69


    Thu, 23 Apr 2015

    Reliance Steel and Aluminum delivered encouraging first-quarter results despite challenging market conditions. The company earned $1.30 per share, well

  2. Reliance Steel and Aluminum Reports Steady 3Q Results; FVE Unchanged at $68


    Thu, 23 Oct 2014

    The North American metal service center industry typically experiences lower seasonal shipment volumes in the third quarter. Reliance’s third-quarter shipment volume of 1.545 million tons, however, marks a 0.4% sequential increase and a 6.4% increase relative to the same period last year. Average

  3. Reliance Steel and Aluminum Falls Short in 2Q, but Key End Markets Improving; FVE Increased to $69


    Thu, 24 Jul 2014

    Reliance Steel and Aluminum reported earnings of $1.22 per diluted share in the second quarter, falling short of our expectations and management’s guidance

  4. Reliance Steel Reports Modestly Higher Shipment Volume and Lower Average Selling Prices in 3Q


    Thu, 24 Oct 2013

    Reliance Steel and Aluminum reported mixed results in the third quarter as a decline in company-wide average selling prices was largely offset by a 2% sequential

  5. Steel Service Centers Fared Better Than Steel Producers in 3Q; Expect Some Weakening in 4Q


    Mon, 15 Nov 2010

    costs. Steel service centers' operating performance is heavily determined by the change in steel prices, and Reliance Steel and Aluminum RS, Olympic Steel ZEUS, and Worthington Industries WOR performed relatively well in the third quarter as they

  6. Reliance Reports 4Q


    Thu, 19 Feb 2009

    Despite sharply lower metal prices and destocking pressure, Reliance Steel and Aluminum RS delivered positive fourth-quarter results. Revenue fell 17% from third-quarter levels as demand weakened sharply and metal

  7. Reliance Reports 3Q


    Fri, 17 Oct 2008

    Reliance Steel and Aluminum 's RS third-quarter results were negatively impacted by softer demand. Though revenue increased by 23% as the PNA Group acquisition

  8. Raising Reliance's Uncertainty


    Wed, 15 Oct 2008

    We are raising our fair value uncertainty rating for Reliance Steel and Aluminum RS to high from medium to reflect the company's earnings exposure to fluctuating metal prices. As with all other metal service

  9. Reliance Reports 2Q Results


    Thu, 17 Jul 2008

    Reliance Steel and Aluminum 's RS second-quarter results, released today, continued along the theme of declining volume and strong pricing. Same-store

  10. Reliance Reports Solid 1Q


    Thu, 17 Apr 2008

    Reliance Steel and Aluminum RS reported first-quarter results today that showed the firm's continued pricing power despite demand uncertainties. During

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