27
Apr
19:56
Reliance Steel suggests lower prices impacted Q1 profitability
Sustained demand for steel from the US non-residential construction industry has kept shipment levels strong for Reliance Steel through the first quarter of 2023, but the company's earning have suffered as the result of lower on-year selling prices. Kallanish understands that the company predicts domestic construction activity to remain at healthy levels throughout the second quarter of this year, as made evident by customer sentiment and th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous