The 2020 Mid-Year Economic Update_long

Reliance Steel & Aluminum Sales Down 4.4% in 3Q

Year-to-date sales decreased 10.5 percent year-over-year.

Reliance Steel & Aluminum Co. (NYSE: RS), Los Angeles, CA, reported sales for the third quarter of $2.2 billion, down 4.4 percent compared to the prior year quarter. Profit for the quarter fell 3.7 percent to $49.5 million. 

Sales for the first nine months were $6.6 billion, down 10.5 percent year-over-year. Profit decreased slightly to $242.6 million.

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