Reliance-2023-AnnualReport-MoreThanMetal

We increased our market share through investments in equipment and people – enhancing our capabilities, upgrading our facilities, and expanding into newmarkets. Through these efforts: OUR 2023 TONS SHIPPED INCREASED 3.7%COMPARED TO INDUSTRY GROWTH OF 1.5%. SIMULTANEOUSLY, AND DESPITE A DECLINING PRICING ENVIRONMENT, WE MAINTAINED OUR GROSS PROFIT MARGIN AT 30.7% which is at the high end of our range. This required targeted activity, balance, and strategic positioning and is a testament to our field managers’ excellence in execution.

MORE THAN METAL

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