Reliance Steel & Aluminum Co. (NYSE: RS), Los Angeles, CA, reported sales for the second quarter of $2.4 billion, down 7.4 percent compared the prior year quarter. Profit for the quarter fell 6.5 percent to $90.2 million.
Sales for the first six months were $5 billion, down 2.5 percent year-over-year. Profit increased 4.2 percent to $191.5 million.