Reliance, Inc.

RS

US7595091023

Iron & Steel

Market Closed - Nyse Other stock markets 04:00:01 2024-05-06 pm EDT			5-day change	1st Jan Change
292.2 ^USD	+0.82%		-0.60%	+4.46%

May. 06	India's Reliance renews bid for US license to import Venezuelan oil, sources say	RE
May. 06	Petrobras loads diesel from Reliance on crude tanker in India after delay	RE

Reliance Steel & Aluminum Co. (NYSE:RS) acquired Nu-Tech Precision Metals Inc

December 12, 2021

Reliance Steel & Aluminum Co. (NYSE:RS) acquired Nu-Tech Precision Metals Inc on December 10, 2021. Nu-Tech's annual net sales in 2020 were CAD 44 million.

Reliance Steel & Aluminum Co. (NYSE:RS) completed the acquisition of Nu-Tech Precision Metals Inc on December 10, 2021. Reliance Steel & Aluminum funded the acquisition with cash on hand.

Latest news about Reliance, Inc.

India's Reliance renews bid for US license to import Venezuelan oil, sources say	May. 06	RE
Petrobras loads diesel from Reliance on crude tanker in India after delay	May. 06	RE
Exclusive-China's Sinopec in talks for gas offtake, stake in Canada's Cedar LNG	May. 06	RE
CIBC's Andrew Grantham asks 'Is the Canadian Labour Market Already Weaker Than It Appears?'	May. 03	MT
Chemclin Diagnostics Launches Homegrown Immunodetection Kits	May. 03	MT
Barclays Cuts Around 100 Dealmaking Jobs as Investment Bank Layoffs Begin -- Financial News	May. 03	DJ
Reliance Insider Sold Shares Worth $1,449,067, According to a Recent SEC Filing	May. 03	MT
INDIA STOCKS-India's Nifty 50 slips from record high as IT stocks weigh	May. 03	RE
Alliance News UK - start of day	May. 03	AN
Caribbean Utilities Q1 Earnings, Sales Rise	May. 02	MT
India's Reliance starts trading US oil setting Brent oil benchmark	May. 02	RE
North American Morning Briefing : Stock Futures -2-	May. 02	DJ
European Midday Briefing : Stocks Steady as Powell Suggests Rate Hike Unlikely	May. 02	DJ
Alliance News UK - start of day	May. 02	AN
Natural Gas Trading Lower on Mild Temperatures, Higher Reliance on Renewable Power	May. 01	MT
Alliance News UK - start of day	May. 01	AN
Reliance Worldwide Reaffirms Revenue Guidance for Fiscal 2024	Apr. 30	MT
Graphite miners lobby US govt to impose levy on China-sourced EV material	Apr. 30	RE
Alliance News UK - start of day	Apr. 30	AN
Defense Metals Receives "Positive" Results from Ucore on its Wicheeda Rare Earth Carbonate Sample	Apr. 29	MT
Reliance buys its first Canadian crude from Trans Mountain pipeline, sources say	Apr. 29	RE
Alliance News UK - start of day	Apr. 29	AN
Stellantis N.V. : Stellantis: A rolling business	Apr. 26
Alliance News UK - start of day	Apr. 26	AN
Beijing city to subsidise domestic AI chips, targets self-reliance by 2027	Apr. 25	RE

Chart Reliance, Inc.

Duration

Period

More charts

Company Profile

Reliance, Inc. is a diversified metal solutions provider and has a metals service center company in North America. The Company provides value-added metals processing services and distributes a full line of over 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, specialty carbon and alloy steel plate and round bar and specialty steel products. It serves various industries, such as general manufacturing, non-residential construction (including infrastructure), transportation (rail, truck trailer and shipbuilding), aerospace (commercial, military, defense, and space, and heavy industry, energy (oil and natural gas). It also services the auto industry, primarily through its toll processing operation. It has a network of approximately 315 locations in 40 states and in 12 foreign countries, including Belgium, Canada, China, France, India, Malaysia, Mexico, Singapore, South Korea, Turkey, the United Arab Emirates and the United Kingdom.

Sector

Iron & Steel

Calendar

2024-05-15 - Annual General Meeting

More about the company

Income Statement Evolution

More financial data

Ratings for Reliance, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

292.2 USD

Average target price

358.4 USD

Spread / Average Target

+22.67%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Metal Service Centers

	1st Jan change	Capi.
RELIANCE, INC.	+4.46%	16.78B
AZZ INC.	+29.78%	2.24B
RUSSEL METALS INC.	-13.17%	1.72B
TCC STEEL CORP.	-11.56%	1B
RYERSON HOLDING CORPORATION	-33.94%	787M
ZHEJIANG HUADA NEW MATERIALS CO., LTD.	-3.95%	518M
KUNSHAN KERSEN SCIENCE & TECHNOLOGY CO.,LTD.	-29.48%	490M
SUZHOU HUAYA INTELLIGENCE TECHNOLOGY CO., LTD.	-23.48%	426M
M.C.S. STEEL	+25.38%	106M
NAKABOHTEC CORROSION PROTECTING CO.,LTD.	+4.17%	76.57M

Metal Service Centers

Reliance, Inc.

Equities

RS

US7595091023

Iron & Steel

Reliance Steel & Aluminum Co. (NYSE:RS) acquired Nu-Tech Precision Metals Inc

EPS Revisions