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Reliance Steel

Reliance Steel & Aluminum Co., headquartered in Los Angeles, Calif., is the largest metals service center company in North America.

Latest News

Reliance Subsidiary Valex Opens Facility in China

19 December 2007 - Reliance Steel & Aluminum subsidiary Valex Corp. opens Valex China Co. Ltd., its first manufacturing plant based in China.

Reliance Names Chairman of the Board and CEO

22 October 2007 - Reliance Steel & Aluminum announces that David H. Hannah, currently Chief Executive Officer, has been elected to the additional role of Chairman of the Board, effective October 17, 2007.

Reliance Reports 3rd Quarter Results

19 October 2007 - Reliance Steel & Aluminum reported net income of $93.6 million on sales of $1.81 billion for the third quarter and record net income of $328.0 million on record sales of $5.55 billion for the nine months ended September 30, 2007.

Reliance Completes Acquisition of Metalweb

03 October 2007 - Reliance Steel & Aluminum completes its purchase of Metalweb plc, a Birmingham, England, based metal service center with three additional centers in England.

Reliance Steel & Aluminum to Acquire Metalweb

19 September 2007 - Reliance Steel & Aluminum Co. has reached an agreement to acquire the outstanding capital stock of Metalweb plc, a Birmingham, England based processor and distributor of products for non-structural aerospace components and general engineering parts.

Reliance Purchases Shares of its Common Stock

22 August 2007 - Reliance Steel & Aluminum has been actively repurchasing shares of its own common stock in the open market under the company's Stock Repurchase Plan.

Reliance Completes Acquisition of Clayton Metals

04 July 2007 - Reliance Steel & Aluminum completes its purchase of the outstanding capital stock of Wood Dale, Ill., based Clayton Metals, Inc.

Reliance to Acquire Clayton Metals

21 June 2007 - Reliance Steel & Aluminum will acquire the outstanding capital stock of Wood Dale, Ill., based Clayton Metals, processor and distributor of aluminum, stainless steel, and red metal flat-rolled products, custom extrusions and aluminum circles.

Reliance Reports Record 1st Quarter Results

20 April 2007 - Reliance Steel & Aluminum reported record net income of $111.7 million on sales of $1.84 billion for the first quarter ended March 31, 2007.