Reliance Steel
Reliance Steel & Aluminum Co., headquartered in Los Angeles, Calif., is the largest metals service center company in North America.
Latest News
Reliance Completes Acquisition of Worthington Steel Vonore Assets
02 May 2012 - Reliance Steel & Aluminum Co., through its wholly owned subsidiary Precision Strip, Inc., has completed the acquisition of the assets of the Worthington Steel Vonore plant, a processing facility owned by Worthington Industries, Inc.
Reliance Increases 2012 First Quarter Outlook
19 April 2012 - Reliance Steel & Aluminum is updating its guidance regarding the company’s earnings estimates for the first quarter ended March 31, 2012.
Reliance Steel & Aluminum Reports 2011 Financial Results
20 February 2012 - Reliance Steel & Aluminum Co. reported net income of $67.9 million on Sales of $2.03 billion for the fourth quarter, and net income of $343.8 million on sales of $8.13 billion for the year ended December 31, 2011.
Reliance Steel & Aluminum Acquires McKey Perforating Company
02 February 2012 - Reliance Steel & Aluminum announced completion of the acquisition of McKey Perforating Co., Inc. and its subsidiary McKey Perforated Products Co.
Reliance Steel & Aluminum Reports Third Quarter Results
31 October 2011 - Reliance Steel & Aluminum reported net income of $84.9 million on sales of $2.14 billion for the third quarter and net income of $275.9 million on sales of $6.10 billion for the nine months ended September 30, 2011.
Reliance Steel & Aluminum Acquires Continental Alloys & Services
04 August 2011 - Reliance Steel & Aluminum has completed its acquisition of the outstanding capital securities of Continental Alloys & Services, Inc., and certain affiliated companies.
Reliance Steel & Aluminum Reports 2nd Quarter Results
01 August 2011 - Reliance Steel & Aluminum reported net income of $98.7 million on sales of $2.05 billion for the second quarter and net income of $191.0 million on sales of $3.96 billion for the six months ended June 30, 2011.
Reliance Steel & Aluminum Announces New Credit Facility
28 July 2011 - Reliance Steel & Aluminum has amended and restated its existing $1.1 billion unsecured revolving credit facility for five years and increased the size to $1.5 billion.
Reliance Steel & Aluminum Reports 4th Quarter, Year End Results
18 February 2011 - Reliance Steel & Aluminum reported net income of $39.5 million on sales of $1.58 billion for the fourth quarter and net income of $194.4 million on sales of $6.31 billion for the year ended December 31, 2010.
Reliance Acquires Lampros Steel Assets
06 December 2010 - Reliance Steel & Aluminum has acquired the outstanding capital stock of Lampros Steel and a related interest in Lampros Steel Plate Distribution LLC.
Reliance Steel Reports Q3, Nine-Month Results
22 October 2010 - For the 2010 third quarter ended September 30, 2010, Reliance Steel & Aluminum Co. reported net income of $48.7 million, an increase of 17% compared to 2009 third-quarter net income of $41.8 million. Sales were $1.65 billion, a 33% increase from 2009 Q3 sales of $1.24 billion.
Reliance Steel Acquires Diamond Consolidated Industries and Affiliates
04 October 2010 - Reliance Steel & Aluminum Co. has acquired the outstanding capital securities of Diamond Consolidated Industries, Inc. and affiliated companies. All the businesses will operate as divisions of Diamond Manufacturing Co., which will operate as a subsidiary of Reliance.
Reliance Reports Q1 Results
26 April 2010 - Reliance Steel & Aluminum Co. reported for the 2010 first quarter ended March 31 net income of $44.7 million, a 122% increase from 2009 first-quarter net income of $20.1 million.
Reliance Steel & Aluminum Names Corporate Vice President - Operations
02 March 2010 - Reliance Steel & Aluminum announces the promotion of Stephen P. Koch to Vice President–Operations, effective April 1, 2010.
Reliance Steel & Aluminum Reports 4th Quarter, Full Year 2009 Results
19 February 2010 - Reliance Steel & Aluminum reported net income of $92.1 million on sales of $1.27 billion for the fourth quarter and net income of $148.2 million on sales of $5.32 billion for the fiscal year ended December 31, 2009.
Reliance Steel & Aluminum Provides Year-End Earnings Guidance
21 January 2010 - Reliance Steel & Aluminum provides earnings guidance for the fourth quarter and year ended December 31, 2009.
Reliance Reports Profitable 3rd Quarter, Nine Month Results
23 October 2009 - For the 2009 third quarter, Reliance Steel & Aluminum Co. reports net income of $41.8 million, or $.57 per diluted share. For the 2009 second quarter, Reliance had a net loss of $5.8 million, or $0.08 per diluted share.
Reliance Updates Q3 Outlook, Amends and Extends Credit Facility
30 September 2009 - Reliance Steel & Aluminum is updating its outlook for the third quarter that ended September 30. The company expects earnings for the third quarter to be in the range of $.40 to $.45 per diluted share.
Reliance Celebrates 15 Years on the NYSE, 70 Years as a Company
16 September 2009 - Reliance Steel & Aluminum celebrates 15 years as a public company by ringing The Closing Bell® at the New York Stock Exchange.
Reliance Steel & Aluminum Reports July Results
27 August 2009 - Reliance Steel & Aluminum reports sales of $401.9 million for July on 3% lower tons sold per day from June levels.
