April 26 (Reuters) - Reliance Steel & Aluminum Co:
* Q1 NON-GAAP EARNINGS PER SHARE $2.30
* Q1 EARNINGS PER SHARE VIEW $2.01 -- THOMSON REUTERS I/B/E/S
* QTRLY TONS SOLD WERE AT 1.6 MILLION TONS, UP 3.6% FROM Q1 OF 2017 AND UP 10.0% FROM Q4 OF 2017
* QTRLY AVERAGE SELLING PRICE PER TON SOLD UP 10.3% FROM Q1 OF 2017 AND UP 5.6% FROM Q4 OF 2017
* RELIANCE STEEL & ALUMINUM - EXPERIENCED LIMITED PRE-BUYING ACTIVITY FROM CERTAIN OF CO'S CUSTOMERS DUE TO RAPID PRICE INCREASES THROUGHOUT QUARTER
* ESTIMATES TONS SOLD WILL BE DOWN 1% TO UP 1% IN Q2 OF 2018 COMPARED TO Q1 OF 2018
* EXPECTS ITS AVERAGE SELLING PRICE FOR Q2 TO BE UP 5% TO 8% COMPARED TO Q1 OF 2018
* RELIANCE STEEL & ALUMINUM - BETTER DEMAND, LIMITED CUSTOMER PRE-BUYING DUE TO TARIFFS, NORMAL SEASONAL PATTERNS INCREASED SHIPMENTS BY 10% IN Q1
* RELIANCE STEEL & ALUMINUM - IMPROVED DEMAND, LIMITED CUSTOMER PRE-BUYING DUE TO TARIFFS, NORMAL SEASONAL PATTERNS INCREASED CO'S SHIPMENTS IN Q1 VERSUS Q4
* "AEROSPACE DEMAND REMAINS STRONG, AND CONTINUES TO BE ONE OF COMPANY'S TOP-PERFORMING END MARKETS"
* POSITIVE PRICING AND DEMAND FUNDAMENTALS EXPERIENCED IN Q4 2017 CONTINUED THROUGH Q1 2018
* RELIANCE STEEL & ALUMINUM - MAINTAINS POSITIVE OUTLOOK FOR AEROSPACE AS BUILD RATES AND BACKLOG FOR ORDERS OF COMMERCIAL PLANES CONTINUES TO IMPROVE
* "METAL PRICING ENVIRONMENT REMAINED VERY STRONG THROUGHOUT QUARTER"
* NON-RESIDENTIAL CONSTRUCTION DEMAND, INCLUDING INFRASTRUCTURE, CONTINUES TO STEADILY IMPROVE Source text for Eikon: Further company coverage:
