2018 News Releases


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11/02/18Reliance Steel & Aluminum Co. Completes Acquisition of All Metals Holding, LLC
LOS ANGELES, Nov. 02, 2018 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE: RS) announced that it has acquired all of the membership interests of All Metals Holding, LLC, (“All Metals”) including its operating subsidiaries All Metals Processing & Logistics, Inc. (“AMPL”) and All Metals Transportation and Logistics, Inc. (“AMTL”) effective November 1, 2018. AMPL, headquartered in Spartanburg, South Carolina with an additional facility in Cartersville, Georgia, specializes in tol... 
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11/01/18Reliance Steel Announces Executive Leadership Succession
James D. Hoffman to Succeed Gregg J. Mollins as Chief Executive Officer in January 2019 LOS ANGELES, Nov. 01, 2018 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE: RS) today announced that its Board of Directors has unanimously appointed James D. Hoffman as President and Chief Executive Officer, effective January 1, 2019. Mr. Hoffman currently serves as Reliance’s Executive Vice President and Chief Operating Officer, and will succeed Gregg J. Mollins as President and Chief Executi... 
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10/25/18Reliance Steel & Aluminum Co. Reports Third Quarter 2018 Financial Results
  -- Second highest quarterly net sales in Company's history of $2.97 billion increased $524.4 million, or 21.4%, year-over-year -- Second highest quarterly gross profit dollars in Company's history of $834.3 million increased 21.7% year-over-year  -- EPS of $2.03 increased 53.8% year-over-year; second highest non-GAAP EPS in Company's history of $2.42 increased 86.2% year-over-year  -- Stronger than anticipated pricing environment resulted in pre-tax LIFO a... 
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10/24/18Reliance Steel & Aluminum Co. Acquires Remaining Ownership Interest of Acero Prime, S. de R.L. de C.V. From Joint Venture Partner
LOS ANGELES, Oct. 24, 2018 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE: RS) announced today that it has acquired the remaining 40% ownership interest in Acero Prime, S. de R.L. de C.V (“Acero Prime”), a toll processor in Mexico, from its joint venture partner, an affiliate of United States Steel Corporation (“U.S. Steel”). Reliance also concurrently purchased U.S. Steel’s interest in Acero Prime Servicios, S. de R.L. de C.V., an affiliate of Acero Prime. With these transactions... 
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10/11/18Reliance Steel & Aluminum Co. to Announce Third Quarter 2018 Results on Thursday, October 25th
LOS ANGELES, Oct. 11, 2018 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE:RS) announced today that it will report third quarter financial results for the period ended September 30, 2018, on Thursday, October 25, 2018, at 6:50 a.m. Eastern Time. Reliance management will host a conference call that same day at 11:00 a.m. Eastern Time. The call will be broadcast live over the Internet hosted on the Investors section of the Company's website at investor.rsac.com. Reliance Steel &... 
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08/01/18Reliance Steel & Aluminum Co. Completes Acquisitions of KMS Fab, LLC and KMS South, Inc.
LOS ANGELES, Aug. 01, 2018 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE:RS) announced that effective today it has acquired all of the issued and outstanding equity ownership interests of KMS Fab, LLC and KMS South, Inc. (“KMS” or “the KMS Companies”). The KMS Companies specialize in precision sheet metal fabrication ranging from prototypes to large production runs utilizing a wide variety of metals and fabrication methods including laser cutting, stamping, turret punching, machi... 
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07/26/18Reliance Steel & Aluminum Co. Reports Record Second Quarter 2018 Financial Results
- Second highest quarterly EPS in Company’s history of $3.16 increased 125.7% year-over-year; record quarterly Non-GAAP EPS of $3.10 - Record quarterly pre-tax income of $306.6 million increased $154.2 million, or 101.2%, year-over-year - Record quarterly net sales of $2.99 billion increased $513.7 million, or 20.8%, year-over-year - Strong gross profit margin of 30.7% drove highest ever quarterly gross profit dollars of $917.5 million             LOS ANGELES, July 26, 2018 (GLOBE NEWSWIRE... 
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07/12/18Reliance Steel & Aluminum Co. to Announce Second Quarter 2018 Results on Thursday, July 26th
LOS ANGELES, July 12, 2018 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE:RS) announced today that it will report second quarter financial results for the period ended June 30, 2018, on Thursday, July 26, 2018, at 6:50 a.m. Eastern Time. Reliance management will host a conference call that same day at 11:00 a.m. Eastern Time. The call will be broadcast live over the Internet hosted on the Investors section of the Company's website at investor.rsac.com. Reliance Steel &a... 
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06/01/18Reliance Steel & Aluminum Co. to Present at Deutsche Bank’s 9th Annual Global Industrials and Materials Summit
LOS ANGELES, June 01, 2018 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE:RS) announced today that Karla Lewis, Senior Executive Vice President and Chief Financial Officer, and James Hoffman, Executive Vice President and Chief Operating Officer, will participate in Deutsche Bank’s 9th Annual Global Industrials and Materials Summit on Thursday, June 7, 2018 at the JW Marriott in Chicago. Reliance is scheduled to present at 10:00 a.m. CT and will participate in meetings with investo... 
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04/26/18Reliance Steel & Aluminum Co. Reports First Quarter 2018 Financial Results
--  Second highest quarterly EPS in Company’s history of $2.30 increased 51.3% year-over-year --  Record net sales of $2.76 billion increased $337.8 million, or 14.0%, year-over-year --  Strong gross profit margin of 29.7% drove record quarterly gross profit dollars of $819.9 million --  Repurchased $50 million of Reliance common stock             LOS ANGELES, April 26, 2018 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE:RS) today reported its financial results for the first q... 
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04/12/18Reliance Steel & Aluminum Co. to Announce First Quarter 2018 Results on Thursday, April 26th
LOS ANGELES, April 12, 2018 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE:RS) announced today that it will report first quarter financial results for the period ended March 31, 2018, on Thursday, April 26, 2018, at 6:50 a.m. Eastern Time. Reliance management will host a conference call that same day at 11:00 a.m. Eastern Time. The call will be broadcast live over the Internet hosted on the Investors section of the Company's website at investor.rsac.com. Reliance Steel & Aluminum C... 
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03/02/18Reliance Steel & Aluminum Co. Completes Acquisition of DuBose National Energy Services, Inc. and DuBose National Energy Fasteners & Machined Parts, Inc.
LOS ANGELES, March 02, 2018 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE:RS) announced today that effective March 1, 2018, it has acquired all of the issued and outstanding capital stock of DuBose National Energy Services, Inc. (“DuBose Energy”) and its affiliate, DuBose National Energy Fasteners & Machined Parts, Inc. (“DuBose Fasteners”).  DuBose Energy and DuBose Fasteners specialize in global fabrication, supply and distribution of metal and metal products to the nuclear industr... 
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02/15/18Reliance Steel & Aluminum Co. Reports Fourth Quarter and Full Year 2017 Financial Results
-- Fourth quarter GAAP EPS of $4.09; non-GAAP EPS of $1.22 increased 45.2% year-over-year -- Second highest annual net sales of $9.72 billion increased $1.1 billion, or 12.9%, year-over-year -- Highest ever annual gross profit dollars of $2.79 billion; gross profit margin of 28.7% -- Repurchased $25 million of Reliance common stock -- Increased quarterly dividend by 11.1% to $0.50 per share LOS ANGELES, Feb. 15, 2018 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE:RS) today report... 
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02/01/18Reliance Steel & Aluminum Co. to Announce Fourth Quarter and Full Year 2017 Results on Thursday, February 15th
LOS ANGELES, Feb. 01, 2018 (GLOBE NEWSWIRE) -- Reliance Steel & Aluminum Co. (NYSE:RS) announced today that it will report fourth quarter and full year financial results for the period ended December 31, 2017, on Thursday, February 15, 2018, at 6:50 a.m. Eastern Time. Reliance management will host a conference call that same day at 11:00 a.m. Eastern Time. The call will be broadcast live over the Internet hosted on the Investors section of the Company's website at investor.rsac.com. Relianc... 
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