Reliance Steel
Reliance Steel & Aluminum Co., headquartered in Los Angeles, Calif., is the largest metals service center company in North America.
Latest News
Reliance Steel & Aluminum Reports 2nd Quarter, Six Months Results
24 July 2009 - Reliance Steel & Aluminum reports a net loss of $5.8 million on sales of $1.2 billion for the second quarter, and net income of $14.3 million on sales of $2.8 billion for the six months ended June 30, 2009.
Reliance Steel & Aluminum Names New Corporate Officer
28 May 2009 - Reliance Steel & Aluminum announces the appointment of the company’s new Senior Vice President, Supplier Development.
Reliance Steel & Aluminum Reports 1st Quarter Results
27 April 2009 - Reliance Steel & Aluminum reports net income of $20.1 million on sales of $1.56 billion for the first quarter ended March 31, 2009.
Reliance Steel & Aluminum Reports 1st Quarter Results
27 April 2009 - Reliance Steel & Aluminum reports net income of $20.1 million on sales of $1.56 billion for the first quarter ended March 31, 2009.
Reliance Steel & Aluminum Reports Results for 2008
20 February 2009 - Reliance Steel & Aluminum reports net income of $66.3 million on sales of $2.1 billion for the fourth quarter, and record net income of $482.8 million on record sales of $8.7 billion for the fiscal year ended December 31, 2008.
Reliance Steel & Aluminum Reports Results for 2008
20 February 2009 - Reliance Steel & Aluminum reports net income of $66.3 million on sales of $2.1 billion for the fourth quarter, and record net income of $482.8 million on record sales of $8.7 billion for the fiscal year ended December 31, 2008.
Reliance Steel & Aluminum Names New Corporate Officers
31 October 2008 - Reliance Steel & Aluminum announces the appointment of a new Senior Vice President—Operations, and new Chief Information Officer.
Reliance Steel & Aluminum Reports Record Nine-Month Results
20 October 2008 - Reliance Steel & Aluminum reports net income of $152.5 million on record sales of $2.57 billion for the third quarter, and record net income of $416.5 million on record sales of $6.58 billion for the nine months ended September 30, 2008.
Reliance Steel & Aluminum Acquires HLN Metal
18 September 2008 - Reliance Steel & Aluminum acquires the assets of the Singapore operation of HLN Metal Centre Pte. Ltd. For a purchase price of approximately $2.6 million.
Reliance Steel & Aluminum Completes PNA Acquisition
05 August 2008 - Reliance Steel & Aluminum completes its acquisition of the outstanding capital stock of PNA Group Holding Corp., raises $500 million in a new unsecured term loan, and settles cash tender offers for PNA’s Senior Notes.
Reliance Steel & Aluminum Drops Proposed Common Stock Offering
28 July 2008 - Reliance elects not to proceed with its previously announced public offering of 6,750,000 shares of its common stock, which was to help fund its pending acquisition of PNA Group Holding.
Reliance Announces Public Offering of Common Stock
18 July 2008 - Reliance Steel & Aluminum announces its intention to offer 6,750,000 shares of its common stock in a registered public offering.
Reliance Steel & Aluminum Reports Record 2nd Quarter, YTD Results
18 July 2008 - Reliance Steel & Aluminum reports record net income of $156.6 million on record sales of $2.1 billion for the second quarter, and record net income of $264.0 million on record sales of $4.0 billion for the six months ended June 30, 2008.
Reliance Upgrades Second-Quarter Outlook
25 June 2008 - Reliance Steel & Aluminum increases earnings guidance for the second quarter ended June 30, 2008 to an expected earnings range of $2.00 to $2.10 per diluted share.
Reliance Steel & Aluminum to Acquire PNA Group
18 June 2008 - Reliance Steel & Aluminum Co. has reached an agreement to acquire the outstanding capital stock of PNA Group Holding Corp. in a transaction valued at approximately $1.1 billion.
Reliance Steel & Aluminum Reports Record Quarterly Sales
18 April 2008 - Reliance Steel & Aluminum reports net income of $107.4 million on record sales of $1.91 billion for the first quarter ended March 31, 2008.
Reliance Acquires Dynamic Metals International
03 April 2008 - Reliance Steel & Aluminum acquires Dynamic Metals International, LLC, a Bristol, Conn., based specialty metal distributor.
Reliance Steel & Aluminum Reports Record Results for 2007
22 February 2008 - Reliance Steel & Aluminum reports net income of $79.9 million on sales of $1.71 billion for the fourth quarter, and record net income of $408.0 million on record sales of $7.26 billion for the fiscal year ended December 31, 2007.
Reliance Steel & Aluminum Reports Record Results for 2007
22 February 2008 - Reliance Steel & Aluminum reports net income of $79.9 million on sales of $1.71 billion for the fourth quarter, and record net income of $408.0 million on record sales of $7.26 billion for the fiscal year ended December 31, 2007.
Reliance Steel & Aluminum Sells Encore Coils Business
08 January 2008 - Reliance Steel & Aluminum sells the assets and business of the Encore Coils division of its Encore Group Limited subsidiary to Samuel Son & Co., Ltd., headquartered in Mississauga, Ont., Canada.
