Reliance Inc's Suppliers recorded an increase in sales by 8.31 % year on year in Q1 2026, from the previous quarter, sales fell by -3.72 %, Reliance Inc recorded an increase in cost of sales by 16.43 % year on year, sequentially cost of sales grew by 12.19 % in Q1.
Reliance Inc's Suppliers recorded an increase in sales by 8.31 % year on year in Q1 2026, from the previous quarter, sales fell by -3.72 %, Reliance Inc recorded increase in cost of sales by 16.43 % year on year, sequentially cost of sales grew by 12.19 % in Q1.
We primarily purchase our inventory from the major domestic metals producers.
We do, however, also purchase certain products from foreign producers. We have
multiple suppliers for all of our products. Our major suppliers of domestic carbon
steel products include ArcelorMittal; California Steel Industries, Inc.; Evraz
NA; Gerdau; NLMK USA; Nucor Corporation; Steel Dynamics, Inc.; SSAB; and United
States Steel Corporation. AK Steel, Allegheny Technologies Incorporated, North
American Stainless, Outokumpu and Universal Stainless are our major suppliers
of stainless steel products. We are a recognized distributor for various major
aluminum companies, including Aleris International, Inc.; Arconic Inc.; Constellium
N.V. ; Kaiser Aluminum Corp; Novelis Inc.; and Sapa Group. Our major suppliers
of alloy products include ArcelorMittal; Carpenter Technologies; The Timken Company;
Gerdau; and Nucor Corporation.
Because of our total volume of purchases and our long-term relationships with
our suppliers, we believe that we are generally able to purchase inventory at
the best prices offered by our suppliers. We believe that these relationships
provided us an advantage in our ability to source product and have it available
for our customers in accelerated timeframes when needed, and also allows us to
more efficiently manage our inventory. We believe that we are not dependent on
any one supplier for our metal inventory. We believe both our size and our long-term
relationships with our suppliers continue to be important because mill consolidation
has reduced the number of suppliers.
Reliance Inc's Comment on Supply Chain
We primarily purchase our inventory from the major domestic metals producers.
We do, however, also purchase certain products from foreign producers. We have
multiple suppliers for all of our products. Our major suppliers of domestic carbon
steel products include ArcelorMittal; California Steel Industries, Inc.; Evraz
NA; Gerdau; NLMK USA; Nucor Corporation; Steel Dynamics, Inc.; SSAB; and United
States Steel Corporation. AK Steel, Allegheny Technologies Incorporated, North
American Stainless, Outokumpu and Universal Stainless are our major suppliers
of stainless steel products. We are a recognized distributor for various major
aluminum companies, including Aleris International, Inc.; Arconic Inc.; Constellium
N.V. ; Kaiser Aluminum Corp; Novelis Inc.; and Sapa Group. Our major suppliers
of alloy products include ArcelorMittal; Carpenter Technologies; The Timken Company;
Gerdau; and Nucor Corporation.
Because of our total volume of purchases and our long-term relationships with
our suppliers, we believe that we are generally able to purchase inventory at
the best prices offered by our suppliers. We believe that these relationships
provided us an advantage in our ability to source product and have it available
for our customers in accelerated timeframes when needed, and also allows us to
more efficiently manage our inventory. We believe that we are not dependent on
any one supplier for our metal inventory. We believe both our size and our long-term
relationships with our suppliers continue to be important because mill consolidation
has reduced the number of suppliers.
RS's Suppliers Net Income grew by
RS's Suppliers Net margin fell in Q1 to
2.07 %
10.12 %
RS's Suppliers Net Income grew by 2.07 %
RS's Suppliers Net margin fell in Q1 to 10.12 %
Reliance Inc's Suppliers Sales Growth
in Q1 2026 by Industry
Sources:
Reliance Inc 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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8.31 %