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β Due DiligenceRisks
1. Market Risk: As with any stock, the market as a whole can affect the price of Reliance Steel & Aluminum Co. stock, which can be volatile.
2. Economic Risk: Economic conditions can impact RS's business and, in turn, its stock price.
3. Financial Risk: RS is a cyclical company in the industrial sector, meaning it can be affected by fluctuations in demand for the products and services it provides.
4. Political Risk: The current economic climate and trade policies could have an adverse effect on RS's business.
5. Regulatory Risk: Policies set by governments or other authorities can have a significant effect on RS's operations, resulting in changes to its stock price.