2012 News Releases


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Q3 2017 Reliance Steel & Aluminum Co. Earnings Conference Call (Live)
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Q3 2017 Reliance Steel & Aluminum Co. Earnings Conference Call
Thursday, October 26, 2017 8:00 a.m. PT  
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11/20/12Reliance Steel & Aluminum Co. Announces November Conference Participation
LOS ANGELES--(BUSINESS WIRE)--Reliance Steel & Aluminum Co. (NYSE:RS) announced today that David Hannah, Reliance Steel & Aluminum Co.'s Chairman of the Board and Chief Executive Officer; Gregg Mollins, President and Chief Operating Officer; and Karla Lewis, Executive Vice President and Chief Financial Officer, will participate in the following upcoming investor conferences: The Goldman Sachs Annual Global Metals & Mining/Steel Conference, to be held November 27–28, 2012 at the G... 
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10/25/12Reliance Steel & Aluminum Co. Reports 2012 Third Quarter Financial Results
"Overall demand in the third quarter was in-line with expectations after taking into account normal seasonal fluctuations and one less shipping day compared to the prior quarter and same period last year," LOS ANGELES--(BUSINESS WIRE)--Reliance Steel & Aluminum Co. (NYSE:RS) today reported its financial results for the third quarter and nine months ended September 30, 2012. Third Quarter 2012 Financial Highlights Sales were $2.06 billion, down 3.9% from $2.14 billion in the third qua... 
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10/04/12Reliance Steel & Aluminum Co. to Announce Third Quarter 2012 Results and Host Conference Call on Thursday, October 25th
LOS ANGELES--(BUSINESS WIRE)--Reliance Steel & Aluminum Co. (NYSE:RS) announced today that it will report third quarter financial results for the period ended September 30, 2012 on Thursday, October 25, 2012 at 9:00 a.m. Eastern Time. David Hannah, Reliance Steel & Aluminum Co.'s Chairman of the Board and Chief Executive Officer, Gregg Mollins, President and Chief Operating Officer and Karla Lewis, Executive Vice President and Chief Financial Officer, will host a conference call that sam... 
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10/04/12Reliance Steel & Aluminum Co. Acquires GH Metal Solutions, Inc.
"GH is a high value add processor of metal products that will allow Feralloy to better serve the increasing demands of its diverse customer base. GH has a great reputation in their market for its engineering, customer service and laser operating expertise," LOS ANGELES--(BUSINESS WIRE)--Reliance Steel & Aluminum Co. (NYSE:RS) announced today that, through its wholly-owned subsidiary Feralloy Corporation, effective October 1, 2012 it completed the acquisition of all the outstanding capital st... 
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10/03/12Reliance Steel & Aluminum Co. Acquires Sunbelt Steel Texas, LLC
LOS ANGELES--(BUSINESS WIRE)--Reliance Steel & Aluminum Co. (NYSE:RS) announced today that effective October 1, 2012, it has acquired all the outstanding limited liability company interests of Sunbelt Steel Texas, LLC (“Sunbelt”), a value-added distributor of special alloy steel bar and heavy-wall tubing products to the oil and gas industry. Sunbelt was founded in 1986 and is now headquartered in Houston, Texas with an additional location in Lafayette, Louisiana. Net sales of Sunbelt for the... 
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09/20/12Reliance Steel & Aluminum Co. Agrees to Acquire GH Metal Solutions, Inc.
LOS ANGELES--(BUSINESS WIRE)--Reliance Steel & Aluminum Co. (NYSE:RS) announced today that, through its wholly-owned subsidiary Feralloy Corporation, it has reached an agreement to purchase all of the outstanding capital stock of GH Metal Solutions, Inc. (formerly known as Gas House, Inc.), a value added processor and fabricator of carbon steel products located in Fort Payne, Alabama. Founded in 1958, GH’s processing equipment includes flat-bed lasers, tube lasers, torches, shears, automatic... 
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08/14/12Reliance Steel & Aluminum Co. Updates Corporate Governance Practices and Strengthens Role of Independent Lead Director
"These changes reflect our commitment to strong corporate governance and to being responsive to the views of our shareholders," LOS ANGELES--(BUSINESS WIRE)--Reliance Steel & Aluminum Co. (NYSE:RS) announced today that its Board of Directors has updated its Principles of Corporate Governance and strengthened the role of its independent Lead Director. In its first meeting following Reliance’s Annual Meeting of Shareholders, the Nominating and Governance Committee of the Board of Directors... 
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07/31/12Reliance Steel & Aluminum Co. Announces New Board Member
LOS ANGELES--(BUSINESS WIRE)--Reliance Steel & Aluminum Co. (NYSE:RS) announced today that Sarah J. (“Sally”) Anderson, 62, has joined its Board of Directors effective July 24, 2012. Ms. Anderson retired from Ernst & Young LLP in June 2008 after more than 24 years with the firm as an assurance and advisory services partner. Ms. Anderson is a graduate of Northeastern University with a BS in Business Administration with a concentration in accounting. She is a Certified Public Accountant an... 
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07/26/12Reliance Steel & Aluminum Co. Reports Second Quarter Results
"Our balance sheet remains strong, with only $845 million outstanding on our $1.5 billion credit facility and net debt-to-total capital at 30% at June 30, 2012. We have ample liquidity to continue our growth strategies as well as enhance our return to shareholders with our increased dividend," LOS ANGELES--(BUSINESS WIRE)--Reliance Steel & Aluminum Co. (NYSE:RS) reported today its financial results for the second quarter and six months ended June 30, 2012. For the 2012 second quarter, Reli... 
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07/26/12Reliance Steel & Aluminum Co. Announces Significant Dividend Increase
"We have increased our dividend 18 times since our IPO in 1994 and have paid quarterly dividends for 53 consecutive years. Reliance has significant earnings capacity with our broad and diverse product base and wide geographic footprint. We also have meaningful exposure to industries that are poised for growth in the years ahead," LOS ANGELES--(BUSINESS WIRE)--Reliance Steel & Aluminum Co. (NYSE:RS) announced today that on July 24, 2012, its Board of Directors increased the Company’s regular ... 
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07/12/12Reliance Steel & Aluminum Co. Hosts 2012 Second Quarter Conference Call over the Internet
LOS ANGELES--(BUSINESS WIRE)--Reliance Steel & Aluminum Co. (NYSE:RS) announced today that it will host a conference call that will be broadcast live over the Internet regarding the Company’s second quarter financial results for the period ended June 30, 2012. All interested parties are invited to listen to the web cast on Thursday, July 26, 2012 at 11:00 a.m. Eastern Time. The earnings release will be made available to the public at 9:00 a.m. Eastern Time that same day. David Hannah, Relian... 
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07/09/12Reliance Steel & Aluminum Co. Acquires the Assets of Airport Metals (Australia)
LOS ANGELES--(BUSINESS WIRE)--Reliance Steel & Aluminum Co. (NYSE:RS) announced today that, through its newly-formed subsidiary Bralco Metals (Australia) Pty Ltd, it has acquired substantially all of the assets of Airport Metals (Australia) Pty Ltd, a subsidiary of Samuel Son & Co., Limited. Airport Metals (Australia), based in Melbourne, operates as a stocking distributor of aircraft materials and supplies. Terms were not disclosed. David H. Hannah, Chairman and Chief Executive Officer of Rel... 
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04/30/12Reliance Steel & Aluminum Co. Completes Acquisition of the Assets of Worthington Steel Vonore Plant
"The addition of the Vonore location to our existing footprint of facilities allows us to better service our customer base in an important geographic area of the country. By acquiring the existing assets we were able to more quickly establish ourselves in this growing market." LOS ANGELES--(BUSINESS WIRE)--Reliance Steel & Aluminum Co. (NYSE:RS) announced today that, through its wholly-owned subsidiary Precision Strip, Inc., it has completed the acquisition of the assets of the Worthington S... 
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04/26/12Reliance Steel & Aluminum Co. Reports First Quarter Results
"Our balance sheet is in excellent shape, with net debt-to-total capital at 29% and only $745 million borrowed on our $1.5 billion credit facility at March 31, 2012. The liquidity available on our credit facility provides ample room for continued growth both organically and through acquisitions, where we have seen increased activity recently," LOS ANGELES--(BUSINESS WIRE)--Reliance Steel & Aluminum Co. (NYSE:RS) reported today its financial results for the first quarter ended March 31, 201... 
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04/16/12Reliance Steel & Aluminum Co. Increases 2012 First Quarter Outlook
LOS ANGELES--(BUSINESS WIRE)--Reliance Steel & Aluminum Co. (NYSE:RS) announced today that it is updating its guidance regarding the Company’s earnings estimates for the first quarter ended March 31, 2012. At this time, Reliance expects earnings to be approximately $1.50 per diluted share. The current Wall Street analysts’ earnings estimates for the Company’s 2012 first quarter range from $1.22 to $1.40 per diluted share with a mean estimate of $1.29. Reliance’s Chief E... 
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04/12/12Reliance Steel & Aluminum Co. Hosts 2012 First Quarter Conference Call over the Internet
LOS ANGELES--(BUSINESS WIRE)--Reliance Steel & Aluminum Co. (NYSE:RS) announced today that it will host a conference call that will be broadcast live over the Internet regarding the Company’s first quarter financial results for the period ended March 31, 2012. All interested parties are invited to listen to the web cast on Thursday, April 26, 2012 at 11:00 a.m. Eastern Time. The earnings release will be made available to the public at 9:00 a.m. Eastern Time that same day. David Hannah, Relia... 
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04/04/12Reliance Steel & Aluminum Co. Acquires National Specialty Alloys, LLC
LOS ANGELES--(BUSINESS WIRE)--Reliance Steel & Aluminum Co. (NYSE:RS) announced today that it has acquired all the outstanding limited liability company interests of National Specialty Alloys, LLC (“NSA”), a global specialty alloy processor and distributor of premium stainless steel and nickel alloy bars and shapes, headquartered in Houston, Texas. NSA was founded in 1985 and has additional locations in Anaheim, California, Buford, Georgia and Tulsa, Oklahoma. Net sales of NSA for the twelve... 
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03/26/12Reliance Steel & Aluminum Co. Signs Agreement to Acquire Assets of Worthington Steel Vonore Plant
"This acquisition will strengthen our geographic fit for our existing and growing customer base and also complements the footprint of our existing facilities, further expanding our market presence in the Southeastern region of the United States." LOS ANGELES--(BUSINESS WIRE)--Reliance Steel & Aluminum Co. (NYSE:RS) announced today that its wholly-owned subsidiary Precision Strip, Inc. has signed an agreement to acquire substantially all of the assets of the Worthington Steel Vonore, Tennesse... 
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02/16/12Reliance Steel & Aluminum Co. Reports 2011 Fourth Quarter and Year End Financial Results
"Our balance sheet provides a strong foundation for our operations and our growth strategies, with a net debt-to-capital ratio of only 28.4% at December 31, 2011. We had $645 million outstanding on our new $1.5 billion credit facility at December 31, 2011, providing ample room for continued organic growth as well as additional acquisitions," LOS ANGELES--(BUSINESS WIRE)--Reliance Steel & Aluminum Co. (NYSE:RS) reported today its financial results for the fourth quarter and year ended Decem... 
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02/02/12Reliance Steel & Aluminum Co. Hosts 2011 Fourth Quarter and Year End Conference Call over the Internet
LOS ANGELES--(BUSINESS WIRE)--Reliance Steel & Aluminum Co. (NYSE:RS) announced today that it will host a conference call that will be broadcast live over the Internet regarding the Company’s fourth quarter and twelve months financial results for the period ended December 31, 2011. All interested parties are invited to listen to the web cast on Thursday, February 16, 2012 at 11:00 a.m. Eastern Time. The earnings release will be made available to the public at 9:00 a.m. Eastern Time that same... 
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02/01/12Reliance Steel & Aluminum Co. Acquires McKey Perforating Co., Inc.
"McKey is well-known for quality within the perforated metals industry and will work closely with Diamond to further leverage their combined expertise in that market. We look forward to further expanding our presence within the perforated metal market, which is a high return and value-added end market," LOS ANGELES--(BUSINESS WIRE)--Reliance Steel & Aluminum Co. (NYSE:RS) announced today that, through its wholly-owned subsidiary Diamond Manufacturing Company, it has completed the acquisiti... 
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02/01/12Reliance Steel & Aluminum Co. Acquires McKey Perforating Co., Inc.
"McKey is well-known for quality within the perforated metals industry and will work closely with Diamond to further leverage their combined expertise in that market. We look forward to further expanding our presence within the perforated metal market, which is a high return and value-added end market," LOS ANGELES--(BUSINESS WIRE)--Reliance Steel & Aluminum Co. (NYSE:RS) announced today that, through its wholly-owned subsidiary Diamond Manufacturing Company, it has completed the acquisition... 
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