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    Distributors/Service Centers

    July 24, 2025

    Reliance logs another record for Q2 tons sold

    Written by David Schollaert

    Second quarter ended June 3020252024% Change
    Net sales$3,659.8$3,643.30.5%
    Net earnings (loss)$233.7$267.8-12.7%
    Per diluted share$4.42$4.67-5.4%
    (in millions of dollars except per share)

    Reliance Inc. reported record second-quarter tonnages, with 1.62 million tons sold in the second quarter of 2025, a 4% increase year over year (y/y).

    David Schollaert

    David Schollaert is deputy editor-in-chief for Steel Market Update. David joined SMU after more than a decade in the metals and mining industry in a myriad of different roles. Much of his early experience and expertise were within the coverage and analysis of steel-making raw materials and served previously as senior editor of the CRU Prices Service. Most recently, however, before his return to market analysis, David held roles as a metals buyer and an operations manager for raw material suppliers. He can be contacted at david@steelmarketupdate.com or 724-720-1008.

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