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Reliance Steel (RS) gains on healthy demand in non-residential construction, semiconductor and automotive markets and strategic acquisitions.

4 Outperforming Steelmakers to Consider

12:33pm, Friday, 31'st Mar 2023
As the first quarter of 2023 comes to a close, investors are looking at companies that have performed well so far this year.
PLYA, RS, TGLS, PARR and BWMX are five stocks with explosive relative price strength.
We have narrowed our search to five value stocks. These are: CAR, RNR, RE, RS, CNO.
Reliance Steel (RS) is seeing growing demands in its largest end-market, non-residential construction.
Here is how Reliance Steel (RS) and Siemens AG (SIEGY) have performed compared to their sector so far this year.
Reliance Steel (RS) gains on strong demand in major end-use markets and strategic acquisitions.
Better-than-expected earnings performance in Q4 and upbeat prospects driven by healthy demand in major markets have contributed to the gain in Reliance Steel's (RS) shares.
Here is how Reliance Steel (RS) and Siemens AG (SIEGY) have performed compared to their sector so far this year.
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Weaker shipments and lower average selling prices hurt Reliance Steel's (RS) top line in the fourth quarter.
Both Arch Resources (ARCH) and Reliance Steel & Aluminum (RS) have been leaders in their respective industries and their stocks continue to look attractive following their Q4 results.
Reliance Steel & Aluminum Co. (NYSE:RS ) Q4 2022 Earnings Conference Call February 16, 2023 11:00 AM ET Company Participants Kim Orlando - ADDO Investor Relations Karla Lewis - President and CEO Steve
Reliance Steel (RS) is expected to have seen strong demand in end markets despite lower volumes and other headwinds like inflation and supply chain disruptions in Q4.
A top-ranked stock in a highly rated industry is poised for further gains.
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