20
Feb
21:32
Reliance Steel nets profit gain in 2019
Reliance Steel & Aluminum saw a near-10% increase in its profits in 2019, Kallanish reports.
Reliance reported net sales for the year of $10.9 billion, which was a decline of 4.9% from the $11.5 billion in net sales the year prior. Company income increased for the year by 9.3%, from $850 million in 2018 to $929m in 2019. Capital expenditures for the year totalled $242m, a slight increase from $239m the year prior.
In addition to company earnin…
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Anonymous
Very good overview of the weekly steel market.
Anonymous