Reliance Steel & Aluminum Co.
News and overview for Reliance Steel & Aluminum Co.
Reliance Steel & Aluminum Co. Reports Profitable 2009 Third Quarter and Nine Month Results [Press Release]
Business Wire | 31 days 19 hours 7 minutes ago
Reliance Steel & Aluminum Co. (NYSE:RS) reported today its financial results for the third quarter and nine months ended September 30, 2009. For the 2009 third quarter, Reliance reported net income of $41.8 million, or $.57 per diluted share. For the 2008 third quarter, Reliance had net income of $152.5 million, or $2.07 per diluted share. For the 2009 second quarter, Reliance had a net loss of $5.8 million, or $0.08 per diluted share. Sales for the 2009 third quarter were $1.24 billion, down...
Reliance Steel posts sharp drop in 3Q profit
Yahoo! | 31 days 14 hours 9 minutes ago
LOS ANGELES – Reliance Steel & Aluminum Co., which processes and sells products to aerospace, energy and construction companies, said Thursday its third-quarter earnings plunged 73 percent, partly due to sharply lower sales.
Reliance Earnings Plummet
Los Angeles Business Journal | 5 days 7 hours 32 minutes ago
Third-quarter net income dropped by almost three-quarters at Reliance Steel & Aluminum Co. as both volume and price for metals continue in the doldrums.
Reliance Steel reports 73 percent decline in 3rd-quarter earnings as weaker sales take toll
Star Tribune (Minneapolis-St. Paul, Minn.) | 31 days 14 hours 36 minutes ago
LOS ANGELES - Reliance Steel & Aluminum Co., which processes and sells products to aerospace, energy and construction companies, said Thursday its third-quarter earnings plunged 73 percent, partly due to sharply lower sales.
Reliance Steel posts sharp drop in 3Q profit
Seattle Times, The | 31 days 15 hours 13 minutes ago
LOS ANGELES Reliance Steel & Aluminum Co., which processes and sells products to aerospace, energy and construction companies, said Thursday its third-quarter earnings plunged 73 percent, partly due to sharply lower sales.
Reliance Steel posts sharp drop in 3Q profit - Business Wire - SunHerald.com
Sun Herald (Biloxi-Gulfport, Miss.), The | 31 days 15 hours 1 minute ago
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Reliance Steel posts sharp drop in 3Q profit - National Business - MiamiHerald.com
Miami Herald, The | 31 days 15 hours 3 minutes ago
LOS ANGELES -- Reliance Steel & Aluminum Co., which processes and sells products to aerospace, energy and construction companies, said Thursday its third-quarter earnings plunged 73 percent, partly due to sharply lower sales.
Wire Business News
Sacramento Bee (Calif.), The | 31 days 15 hours 1 minute ago
LOS ANGELES -- Reliance Steel & Aluminum Co., which processes and sells products to aerospace, energy and construction companies, said Thursday its third-quarter earnings plunged 73 percent, partly due to sharply lower sales.
Royce Focus Trust (NASDAQ: FUND) as of October 31, 2009 [Press Release]
Business Wire | 3 days 15 hours 45 minutes ago
Royce Focus Trust (NASDAQ: FUND):
Ahead of the Bell: Steel Sector
CNBC | 25 days 18 hours 4 minutes ago
HARTFORD, Conn. - The economy is recovering too slowly to help U.S. steel manufacturers boost profitability soon, an analyst said Wednesday.
UPDATE 2-Reliance Steel's quarterly profit plummets
Forbes | 31 days 14 hours 12 minutes ago
NEW YORK, Oct 22 (Reuters) - Metals processor Reliance Steel & Aluminum Co said on Thursday that third-quarter profit fell, due in part to lower prices and volumes. But although its earnings were better than Wall Street expected, the company's stock fell 4.2 percent to $41.84 a share in midday trading on the New York Stock Exchange.
UPDATE 1-Reliance Steel's quarterly profit plummets
Forbes | 31 days 17 hours 16 minutes ago
NEW YORK, Oct 22 (Reuters) - Metals processor Reliance Steel & Aluminum Co said on Thursday that third-quarter profit fell, partly due to lower prices and volumes, but it was better than Wall Street expected.
China Armco Metals, Inc. Appoints Three Independent Members to Its Board of Directors [Press Release]
MarketWire | 25 days 15 hours 57 minutes ago
SAN MATEO, CA -- (Marketwire) -- 10/28/09 -- China Armco Metals, Inc. (OTCBB: CNAM), a distributor of imported metal ore with plans to launch a new state of the art scrap metal recycling facility in China, today announced that the Board of Directors has appointed Tao Pang, Heping Ma and William Thomson as directors of China Armco Metals. In addition, China Armco Metals established an Audit Committee, Compensation Committee and Nominating and Governance Committee and each of the directors we...
Diary - Hong Kong - to October 31
Forbes | 27 days 9 hours 26 minutes ago
(Times are provisional in HK time and GMT time in brackets; * denotes new entry; # denotes results cover; N/A denotes Not Applicable) TUESDAY, OCTOBER 27 ++ ECONOMIC INDICATORS ++
Diary - Hong Kong - to October 29
Forbes | 31 days 7 hours 40 minutes ago
(Times are provisional in HK time and GMT time in brackets; * denotes new entry; # denotes results cover; N/A denotes Not Applicable) FRIDAY, OCTOBER 23 ++ ECON/MEDIA ++
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Company Overview
| Company: | Reliance Steel & Aluminum Co. |
|---|---|
| Industry: | Steel Service Centers |
| Website: | http://www.rsac.com |
Reliance Steel & Aluminum shows its mettle by supplying metal processing services and distributing metal products to customers in the manufacturing, construction, transportation, aerospace, and semiconductor industries. Through a network of more than 200 service and distribution centers, Reliance provides customized metal processing services. From these locations the company distributes more than 100,000 products made of carbon, alloy, stainless, and specialty steel, as well as aluminum, brass, copper, and titanium. In the latter half of this decade, Reliance has gone on something of a spending binge, buying up a number of smaller rivals.
Key Numbers
| Sales in U.S. Dollars (mil.) | 8,718.8 (2008) |
|---|---|
| One-year % Growth in Sales | 20.2 (2008) |
| Net Income in U.S. Dollars (mil.) | 482.8 (2008) |
| One-year % Growth in Net Income | 18.3 (2008) |
| Number of Employees | 0 (0) |
| One-year % Growth in Number of Employees | 0.0 (0) |
| Fiscal Year-End | December |