AGG News: Reliance Steel (RS) Gains on Demand Strength, Acquisitions - 5th Jun 2023, 10:27pm

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Reliance Steel & Aluminum Co. RS is gaining from strong demand across key end-use markets, a diversified product base and strategic acquisitions.

Shares of Reliance Steel have gained 23% in the past year compared with 12.8% decline of the industry. Zacks Investment Research

Image Source: Zacks Investment Research

Reliance Steel, a Zacks Rank #3 (Hold) stock, is benefiting from strong underlying demand in its major markets. It envisions healthy demand to continue in the second quarter of 202...

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