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Benzinga
Benzinga
Business
Zacks

Here's Why You Should Hold Onto Reliance Steel (RS) Stock For Now

Reliance Steel & Aluminum Co. (NYSE:RS) is benefiting from strong demand across key end-use markets, a diversified product base and strategic acquisitions amid headwinds from higher costs.

Shares of Reliance Steel have gained 16.3% in the past year compared with a 6.5% gain of the industry.

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