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Reliance (FRA:RS6) Reserves - Proven (K) : 0.00 (As of . 20)


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What is Reliance Reserves - Proven (K)?

Proven reserves refer to the quantity of natural resources that a company reasonably expects to extract from a given formation.

The historical rank and industry rank for Reliance's Reserves - Proven (K) or its related term are showing as below:

FRA:RS6's Reserves - Proven (K) is not ranked *
in the Steel industry.
Industry Median:
* Ranked among companies with meaningful Reserves - Proven (K) only.

Reliance Reserves - Proven (K) Historical Data

The historical data trend for Reliance's Reserves - Proven (K) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Reliance Reserves - Proven (K) Chart



Reliance  (FRA:RS6) Reserves - Proven (K) Explanation

Reserves - Proven (K), aka proved reserves, refer to the quantity of natural resources that a company reasonably expects to extract from a given formation. Proven reserves are established using geological and engineering data gathered through seismic testing and exploratory drilling.

Proven reserves take into account the current technology being used for extraction, regional regulations and market conditions as part of the estimation process. For this reason, proven reserves can seemingly take unexpected leaps and drops.


Reliance Reserves - Proven (K) Related Terms

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Reliance (FRA:RS6) Business Description

Traded in Other Exchanges
Address
16100 N. 71st Street, Suite 400, Scottsdale, AZ, USA, 85254
Reliance Steel & Aluminum Co is a metal service center in the United States, providing metal processing and inventory management services for carbon and stainless steel, aluminum, and alloys. Reliance predominantly supplies the nonresidential construction, automotive, aerospace, energy, transportation, and heavy equipment end markets. Its product offerings comprise alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products.

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