Reliance Steel & Aluminum

277.62

+2.420.88%

Post-market: 277.620.00000.00%19:31 EDT

Volume:272.71K

Turnover:75.59M

Market Cap:14.71B

PE:17.84

High:278.84

Open:273.13

Low:273.13

Close:275.20

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As both companies are already aligned, this merger does not require shareholder approval.The main goal behind this merger is to streamline the operations that were previously integrated under Idemitsu's acquisition of Showa Shell Sekiyu.By merging the two entities, the company aims to enhance overall productivity. The merger will not involve any financial consideration or the issuance of new share warrants.Price : $861.60, Change: $-1.6, Percent Change: -0.19%","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"corporation,merge","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["JPY","BK4006","RS"],"gpt_icon":0},{"id":"2527826739","title":"2025 Audi RS e-tron GT: Supercar Speed Meets Daily Driver Comfort","url":"https://stock-news.laohu8.com/highlight/detail?id=2527826739","media":"Electrek","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2527826739?lang=en_us&edition=fundamental","pubTime":"2025-04-13 03:13","pubTimestamp":1744485183,"startTime":"0","endTime":"0","summary":"I had the chance to drive the new 2025 RS Audi GT e-tron for a few hours in the Nevada desert and for a few minutes on a race track.","market":"nz","thumbnail":"https://electrek.co/wp-content/uploads/sites/3/2025/04/Audi-RS-GT-e-tron.png?w=1600","type":0,"news_type":0,"thumbnails":["https://electrek.co/wp-content/uploads/sites/3/2025/04/Audi-RS-GT-e-tron.png?w=1600"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://electrek.co/2025/04/12/2025-audi-rs-e-tron-gt-supercar-speed-meets-daily-driver-comfort/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"productRelease","news_rank":0,"length":0,"strategy_id":0,"source":"electrek_highlight","symbols":["RS","BK4588","BK4006","GT","BK4119","BK4585"],"gpt_icon":0},{"id":"2526354872","title":"Reliance, Inc. to Announce First Quarter 2025 Results on Wednesday, April 23rd","url":"https://stock-news.laohu8.com/highlight/detail?id=2526354872","media":"GlobeNewswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2526354872?lang=en_us&edition=fundamental","pubTime":"2025-04-09 18:50","pubTimestamp":1744195800,"startTime":"0","endTime":"0","summary":"ei=1713274&tp_key=865b5093f8 For those unable to participate during the live broadcast, a replay of the call will also be available beginning that same day at 2:00 p.m. Eastern Time until 11:59 p.m. Eastern Time on May 8, 2025, by dialing  512-2921  or  317-6671  and entering the conference ID: 13752652. The webcast will remain posted on the Investors section of Reliance’s website at reliance.com for 90 days. About Reliance, Inc.Founded in 1939, Reliance, Inc.  is a leading global diversified metal solutions provider and the largest metals service center company in North America. Through a network of 320 locations in 41 states and 10 countries outside of the United States, Reliance provides value-added metals processing services and distributes a full-line of over 100,000 metal products to more than 125,000 customers in a broad range of industries. Reliance focuses on small orders with quick turnaround and value-added processing services. In 2024, Reliance’s average order size was $2,9","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.globenewswire.com/news-release/2025/04/09/3058244/0/en/Reliance-Inc-to-Announce-First-Quarter-2025-Results-on-Wednesday-April-23rd.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4006","RS"],"gpt_icon":0},{"id":"2525891529","title":"Here's Why You Should Retain Reliance Stock in Your Portfolio","url":"https://stock-news.laohu8.com/highlight/detail?id=2525891529","media":"Zacks","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2525891529?lang=en_us&edition=fundamental","pubTime":"2025-04-08 19:00","pubTimestamp":1744110000,"startTime":"0","endTime":"0","summary":"Reliance, Inc. RS gains on growth through strategic acquisitions, its diversified business model and product base, and strong liquidity amid headwinds from weak prices.RS’ shares have lost 21.6% in the past year compared with the Zacks Mining – Miscellaneous industry’s 25.3% decline.Let’s find out why RS stock is worth retaining at the moment.Reliance remains exposed to headwinds from pricing pressure. Its average selling price per ton sold declined around 12% year over year in the fourth quarter. Weaker metals pricing hurt its sales and the bottom line in the quarter. Despite some stabilization, the pricing pressure is likely to continue in the first quarter. Reliance is seeing pressure in carbon steel product prices. Weaker year-over-year pricing might adversely impact the company's revenues and profitability in the first quarter. Reliance expects its average selling price per ton sold to be down 1% to up 1% in the first quarter compared with the fourth quarter due to the 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