Reliance has navigated a low-price environment via steady growth in shipment volume.
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
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
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
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
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
Reliance Steel and Aluminum 's RS second-quarter results, released today, continued along the theme of declining volume and strong pricing. Same-store
Reliance Steel and Aluminum RS reported first-quarter results today that showed the firm's continued pricing power despite demand uncertainties. During
We are putting Reliance Steel and Aluminum RS under review as we transfer coverage to a new analyst. We expect a significant increase in our fair value estimate.
On Tuesday, Reliance Steel and Aluminum RS announced its intent to acquire Yarde Metals, a Southington, Conn., firm with $385 million in annual revenue. We're