Trade Reliance Steel - RS CFD

Trading Conditions

• TypeThis financial instrument is available for trading through CFDs and Knock-outs.Knock-out options available only for selected countries.Learn more about:CFDsKnock-outs:
  CFD

  

  Knock-out

  
• Spread: 2.26
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.022235 %(-$1.11)Trade size with leverage ~ $5,000.00Money from leverage ~$4,000.00Go to platform: -0.02224%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position0.000012 %($0.00)Trade size with leverage ~ $5,000.00Money from leverage ~$4,000.00Go to platform: 0.00001%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 0.1
• Margin: 20.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.022235 %
  (-$1.11)

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: 0.000012 %
  ($0.00)

Key Stats

• Prev. Close: 400.18
• Open: 397.14
• 1-Year Change: 41.4%
• Day's Range: 393.74 - 397.36

Trade Reliance Steel - RS

About Reliance Steel & Aluminum Co

Reliance Steel & Aluminum Co. (Reliance) is a metals service center company. The Company operates as a metal solutions provider. It provides value-added metals processing services and distributes approximately 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products. It serves various industries, including manufacturing, non-residential construction, transportation (rail, truck trailer and shipbuilding), aerospace and defense, energy (oil and natural gas), electronics and semiconductor fabrication, and heavy industry (agricultural, construction and mining equipment). The Company also serves the auto industry, through its toll processing operations. It provides a network of approximately 300 locations in 40 states in the United States and 13 other countries, including Australia, Belgium, Canada, China, France, India, Malaysia, Mexico, Singapore, South Korea, Turkey, United Arab Emirates and United Kingdom.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Reliance Steel & Aluminum Co revenues increased 60% to $14.09B. Net income increased from $369.1M to $1.41B. Revenues reflect United States segment increase of 63% to $13.37B, Foreign segment increase of 14% to $721.6M. Net income benefited from Impairment of long-lived assets decrease of 96% to $4.7M (expense), Other Other income (expense), net) increase from $22.4M (expense) to $900K (income).

Equity composition

Common Stock no Par, 4/11, 100M auth., 74,820,874 issd. Insiders owns 3.55%. IPO 8/94, 3.5M shares @ $14.50 by Donaldson, Lufkin & Jenrette. PO 12/97, 3.795M shs. (3.595M by Co.) @ $27.625 by DLJ Secs. PO 6/01, 5.5M shares @ $25 by Credit Suisse First Boston. 7/06, 2-for-1 stock split.