Thursday, April 19, 2007

UPDATE 1-Reliance Steel profit up on acquisitions

(Reuters) - The company said growth in its key segments would moderate this year, but it still expects record earnings and sales.

"We believe that our major markets, including aerospace, energy, nonresidential construction, electronic and semiconductors, as well as rail car and ship building, will continue to grow, but at a slower rate than in 2006," David Hannah, chief executive officer, said in a statement.


Read more at Reuters.com Market News

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