RS Stock Recent News

Reliance Steel (RS) is benefiting from positive market conditions and an aggressive acquisition strategy.

While Reliance Steel (RS) faces headwinds from pricing and cost pressure, it gains on strong demand in its major markets and acquisitions.

Reliance Steel (RS) gains on strong underlying demand in its major markets and acquisitions amid headwinds from inflationary pressure.

Reliance Steel & Aluminum Co. has shown impressive growth with a strong financial track record, favorable profitability profile, and a healthy balance sheet, making it an attractive investment option. The company's growth prospects include benefiting from global industrialization, expanding product offerings, and increasing demand for metals in developing nations and advanced industries. Despite risks such as the cyclical nature of the metals sector and potential supply chain disruptions, Reliance Steel remains a reliable dividend payer and a good option for long-term investors.

Reliance Steel (RS) is expected to continue to gain from strong demand in key markets and its growth actions in the near term.

Reliance Steel (RS) gains on healthy demand in non-residential construction, semiconductor and automotive markets and strategic acquisitions.

Reliance Steel (RS) benefits from strong demand in most of its end markets and its organic growth investments in Q1.

Reliance Steel (RS) is expected to have seen strong demand in key end markets in Q1. However, weaker selling prices are likely to have been a drag on its performance.

There are a few foundational materials that make our world go round, money is not one of them, but it sure does buy them all. Vaclav Smil, a renounced Czech scientist, wrote in his book "How the world really works" that the four pillar basic materials of civilization are Cement, Steel, Plastics, and Ammonia.

SCOTTSDALE, Ariz., April 13, 2023 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE:RS) announced today that it will report first quarter 2023 financial results for the period ended March 31, 2023, on Thursday, April 27, 2023, at 6:50 a.m. Eastern Time. Reliance management will host a conference call that same day at 11:00 a.m. Eastern Time. The call will be broadcast live over the Internet hosted on the Investors section of the Company's website at www.rsac.com.