28
Apr
17:43
Reliance expects strong demand through 2022
Reliance Steel and Aluminum reports net income of $523.3 million in the first quarter due to strong metal prices and improved shipment levels, as reported by Kallanish.
Reliance's $523.3m net income on sales of $4.49 billion is up 96.1% from Q1 of last year.
“Notwithstanding ongoing macroeconomic challenges, our performance was supported by positive underlying trends including continued strong demand with improving shipment levels in each mont…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous