22
Jul
15:37
Reliance rides strong pricing, unsatisfied demand to record
A combination of historic pricing and drawn-out demand trends led Reliance Steel and Aluminum to new company records in the second quarter.
Reliance earned $329.1 million on sales of $3.42 billion in Q2, up from a profit of $80.2m on sales of $2.02 billion in Q2 2020, Kallanish reports.
“During the second quarter we continued to experience considerable strength in metals pricing, led by multiple mill price increases for carbon and stainless steel prod…
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Anonymous
Very good overview of the weekly steel market.
Anonymous