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Fly News Breaks for September 17, 2018
RS
Sep 17, 2018 | 07:59 EDT
Citi analyst Daniel Knauff started Reliance Steel with a Neutral rating and $90 price target. The company is well positioned to continue to lead the industry over the long term, but downside risks to margins over the next 12 months from declining steel prices could limit share upside, Knauff tells investors in a research note. He believes Reliance Steel is unlikely to outperform in such an environment.
News For RS From the Last 2 Days
RS
Apr 16, 2024 | 15:40 EDT
Metals & Mining Analyst Englert, along with Rye Druzin of Argus Media, discuss recent flat rolled steel pricing, supply and demand trends, and the near-term outlook for fundamentals (relevant companies ASTL CLF NUE STLC STLD X RS WS) on an Analyst/Industry conference call to be held on April 19 at 11 am.
