22
Apr
13:58
Reliance triples first-quarter profit on-year
US service centre chain Reliance Steel & Aluminum more than tripled its profits on-year in the first quarter, Kallanish reports.
Reliance earned $266.9 million in Q1 on sales of $2.84 billion. In Q1 2021, Reliance earned $61.7m on sales of $2.57 billion.
“Our resilient business model coupled with outstanding execution in a favourable market resulted in record financial performance during the first quarter of 2021,” says ceo Jim Hoffman…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous