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Reliance Steel & Aluminum Sales Up 20.7% in 2Q

Reliance Steel & Aluminum Co. (NYSE: RS), Los Angeles, CA, reported sales for the second quarter of $3 billion, up 20.7 percent compared the prior year quarter, the highest ever quarterly gross profit dollars in the company's history. Profit for the quarter grew from $103 million to $230.8 million. 

Sales for the first six months were $5.7 billion, up 17.4 percent year-over-year. Profit increased 86.2 percent to $399.8 million.

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