Reliance Steel (RS) Launches E-Commerce Platform FastMetals
Zacks Investment Research | Feb 19, 2020 10:06PM ET
Reliance Steel & Aluminum Co. (NYSE:RS) announced the launch of FastMetals, its new e-commerce platform.
FastMetals, situated in Massillon, OH, ships across the nation and has direct access to the company’s extensive network of metal service center locations, carrying more than 100,000 products. Notably, it provides a catalog pricing model for a diverse selection of metal items such as stainless, carbon, aluminum and specialty alloy steels.
Per the company, FastMetals was developed in response to the increasing demand from metalworkers of all backgrounds for digital purchasing solutions. It specializes in small orders, with quick turn-around, and excellent customer service in line with the core business strategy of Reliance Steel. Notably, FastMetals is another platform for experiencing the exclusive, customer-focused service of Reliance Steel.
The model of FastMetals is geared to smaller, specialized end-users such as fabricators, artists, hobbyists, machine shops and do-it-yourself practitioners. Notably, FastMetals offers individual customer with instant pricing, shipment on the same day, no minimum order quantity and direct fulfillment.
Reliance Steel’s shares have gained 30.8% in the past year compared with the Zacks Investment Research
Get The News You Want
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.