18
Feb
18:45
Reliance sees end-market improvement ahead
US service centre chain Reliance Steel & Aluminum is planning on gradual improvement in its end-markets over the course of 2016, with the notable exception of energy, Kallanish learns from its year-end earnings review.
Reliance’s net income for the year was $311.5 million on sales of $9.35 billion, down -16.2% and -10.5%, respectively, from 2014.
Demand appears to have turned a corner, however, signalling a more lucrative year ahead, the company say…
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Anonymous
Very good overview of the weekly steel market.
Anonymous