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    July 23, 2026

    Reliance logs higher Q2 profits, boosted by border wall project

    Written by Ethan Bernard

    Reliance Inc.

    Second quarter ended June 3020262025% Change
    Net sales$4,630.0$3,659.826.5%
    Net earnings (loss)$322.9$233.738.2%
    Per diluted share$6.29$4.4242.3%
    Six months ended June 30
    Net sales$8,656.0$7,144.521.2%
    Net earnings (loss)$587.8$433.435.6%
    Per diluted share$11.38$8.1539.6%
    (in millions of dollars except per share)

    Ethan Bernard

    Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

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