TITLE

Reliance Results Reflect 'Significant Downward Pressure on Pricing, Margins.'

PUB. DATE
November 2011
SOURCE
Metal Center News;Nov2011, Vol. 51 Issue 12, p10
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the financial performance of Reliance Steel & Aluminum Co. for the year 2011 in the U.S. It mentions that the company has seen a better demand from their customers for the third quarter of the year, although there was significant downward pressure on pricing and margins. It states that its sale were up by 13% for the third quarter and 4% from the second quarter. It affirms that carbon steel sales represented 53%, aluminum were 15% and alloys with 11%.
ACCESSION #
67721411

 

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