21
Apr
20:04
Reliance forecasts better pricing in Q2
North American service center chain Reliance expects increased performance from the metals sector despite weak overall demand growth in the second quarter.
Reliance’s net income in Q1 was $92.2 million on sales of $2.16 billion, down from net income of $101.3m in Q1 2015 on sales of $2.61 billion.
"Importantly, for the first time in well over a year, we've begun to experience rising metals pricing for all carbon steel products as well as stainl…
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Anonymous
Very good overview of the weekly steel market.
Anonymous