Our 2021annual report tells a story...
about a family of companies who PERSEVERED through challenges, forging stronger
bonds with suppliers while providing STABILITY for customers in uncertain times.
With strong leadership and operational excellence, Reliance met its COMMITMENT
to its investors, achieving INDUSTRY LEADING RESULTS once again.
DEAR FELLOW STOCKHOLDERS,
2021 was an extraordinary year for our company. In a period defined
by macroeconomic challenges including the continuing pandemic,
supply-chain disruptions, and a tightening labor market, Reliance
delivered record financial performance across nearly every metric.
Our results were driven by the durability and resilience of our
proven business model, favorable pricing trends, and exceptional
operational execution by all of our colleagues throughout the
Reliance Family of Companies. Our sustainable business model
is rooted in our continuing dedication to providing diversified
metal solutions through superior customer service, when-needed
inventory management, strong pricing discipline, effective expense
control, growth, innovation, and more, all while maintaining
our relentless focus on the health, safety and wellbeing of our
colleagues, their families, our customers, our suppliers, and the
communities in which we do business.
Reliance’s 2021 results once again demonstrate the effectiveness
of our proven business model, which is strategically designed to
perform throughout industry cycles. Our diversified model is one
of our core pillars: we provide a wide range of metal products and
value-added processing services to a broad spectrum of end-
markets across a large geographic footprint which mitigates volatility
in metals pricing and end-market conditions. In 2021, Reliance’s
scale, combined with significant increases in metal pricing and our
significant investments in innovative technologies to expand our
value-added processing capabilities and growth through acquisition,
culminated in our achievement of record and industry leading results
including: annual sales of $14.09 billion; gross profit margin of 31.9%;
pretax income of $1.88 billion; and earnings per share of $21.97.
Our decentralized operating structure is another important element
of our business model. While we have the capacity and footprint to
participate in large scale projects across multiple geographies, the
majority of our customers purchase locally in smaller quantities
on a when-needed basis and are generally more service-oriented
and less price sensitive. In 2021, our average order size was $3,050
and approximately 40% of our orders were delivered within 24
hours. Our largest customer represented only 1% of our net sales in
2021 and we generated sales greater than $25 million from only 31
customers. Our decentralized operating structure is empowered by
the execution of our skilled, knowledgeable, and dedicated teams
in the field. We continue to be inspired by our 14,000+ colleagues’
daily commitment to operational excellence and their steadfast
focus on moving metal safely. We mirror that commitment by
making their health, safety, and wellbeing our highest priority.
Reliance’s comprehensive, company-wide SMART Safety program
has enhanced the culture of safety throughout our Family of
Companies since 2017 and each of our 315 locations continues
to practice enhanced health and safety measures developed and
implemented in response to COVID-19. We are also committed to
supporting the communities in which we operate through numerous
activities at the local level.
NET SALES (IN MILLIONS)
$14,093.3
$11,534.5
$10,973.8
$9,721.0
$8,811.9
2017
2018
2019
2020
2021
NET INCOME (IN MILLIONS)
$1,413.0
$701.5
$633.7
$613.4*
$369.1
2017
2018
2019
2020
2021
* Includes a $207.3 million income tax benefit as a result of the Tax Cuts
and Jobs Act of 2017.
This is our story, made possible through the outstanding execution and dedication of our PEOPLE.
4
5
RELIANCE STEEL & ALUMINUM CO. 2021 ANNUAL REPORTRELIANCE STEEL & ALUMINUM CO. 2021 ANNUAL REPORT Balanced capital allocation – based on the four tenets of capital
expenditures, acquisitions, dividends and stock repurchases – is
another differentiating pillar of the Reliance strategic model. We
maintain flexibility to evaluate opportunities to deploy capital with a
focus on maximizing returns for our stockholders.
Over the past five years, we have returned nearly $2.0 billion,
representing just over 50% of our net income in the period, to
our stockholders through dividends and share repurchases. We
also allocated approximately $1.8 billion towards growth-related
activities, with $1.05 billion allocated towards organic growth
and $739 million in acquisitions. These actions underscore our
commitment to growth and delivering value to our stockholders as
well as ongoing confidence in our business model.
Capital Expenditures
More than half of our $1.05 billion allocation towards organic growth
over the past five years has targeted state-of-the-art processing
equipment, along with enhancements to existing equipment, to
expand and improve our value-added service offerings.
We are realizing returns on our investments in innovative
technologies. In 2021, 50% of our orders included value-added
processing, surpassing historical levels in the 40% range. Our
value-added processing capabilities not only grow our strong
gross profit margin but also help stabilize our margins in times of
declining prices or demand. In addition, our estimated sustainable
gross profit margin range has increased from 27% to 29% in 2017 to
our currently estimated sustainable range of 29% to 31% as a direct
result of these significant investments, and we are confident in our
ability to maintain this higher range on an annual basis because of
the significant investments we have made in our business.
We will continue to reinvest in the Company with opportunities
that promote growth and increase value for our stockholders.
In 2021, our capital expenditures totaled $236.6 million, below
our then record budget of $310 million due to supply chain
disruptions that extended lead times on value-added processing
equipment. Our 2022 capital expenditure budget of $350
million represents another record, and we will deploy it to fund
continued growth with over 200 new pieces of metals processing
equipment and projects to expand and upgrade many of our
operating facilities. To promote the long-term sustainability of
our business, our 2022 capital expenditure budget also includes
investments that improve the safety of our operations and our
working environments, as well as targeted investments in
renewable energy.
Acquisitions
Acquisitions remain an important element of our growth strategy.
We continue to evaluate acquisition opportunities using a consistent
and stringent set of criteria to ensure both returns on investment
and a strong fit with our Family of Companies. We were very pleased
to complete four acquisitions in 2021 for a combined transaction
value of $439.3 million and combined 2021 annualized sales of
approximately $1.0 billion.
EARNINGS PER SHARE (DILUTED)
$21.97
$10.34
$8.34*
$8.75
$5.66
JAMES D. HOFFMAN
Chief Executive Officer
KARLA R. LEWIS
President
ARTHUR AJEMYAN
Senior Vice President, Chief Financial Officer
2017
2018
2019
2020
2021
* Includes a $2.82 per share income tax benefit as a result of the Tax Cuts and
Jobs Act of 2017.
CASH FLOW FROM OPERATIONS
(IN MILLIONS)
$1,301.5
$1,173.0
•
•
•
Merfish United: Reliance acquired Merfish United, Inc., a
leading master distributor of tubular building products in the
United States, on October 1, 2021. Merfish positions Reliance
in the adjacent industrial distribution market by broadening our
products beyond traditional metals service center offerings.
Nu-Tech: Reliance acquired Nu-Tech Precision Metals Inc., a
custom manufacturer of specialty extruded metals, fabricated
parts and welded components, on December 10, 2021. Nu-Tech
expands the breadth of Reliance’s specialty metals products
and supports growth in its businesses serving the nuclear,
aerospace and defense markets, among others.
Admiral Metals: Reliance acquired Admiral Metals Servicenter
Company, Incorporated, a leading distributor of non-ferrous
metal products in the Northeastern United States, on
December 10, 2021. Admiral Metals expands Reliance’s product
offerings into specialty non-ferrous metals products.
$799.4
•
Rotax: We acquired Rotax Metals, Inc., a metals service center
specializing in copper, bronze, and brass alloys, on December
17, 2021.
10%**
RETURN ON EQUITY
Based on beginning of year equity.
28%**
15%**
14%**
7%**
$664.6
$399.0
2017
2018
2019
2020
2021
We are excited to welcome each of these businesses to the Reliance
Family of Companies and look forward to working with them to
leverage our scale and resources to increase profitability and
capitalize on growth opportunities.
Dividends
We have paid regular quarterly cash dividends for 62 consecutive
years and have increased our dividend 29 times since our 1994 IPO,
including our most recent increase of 27.3% to $0.875 per share in
the first quarter of 2022. We paid $177 million of dividends to our
stockholders in 2021.
2017
2018
2019
2020
2021
** Return on Reliance stockholders’ equity is based on the beginning of year
equity amount, except for 2021, 2020, 2019 and 2018, which are adjusted
for $323.5 million, $337.3 million, $50.0 million, and $484.9 million of share
repurchases, respectively, and 2017, which is adjusted for a $207.3 million
income tax benefit as a result of the Tax Cuts and Jobs Act of 2017.
6
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RELIANCE STEEL & ALUMINUM CO. 2021 ANNUAL REPORTRELIANCE STEEL & ALUMINUM CO. 2021 ANNUAL REPORT AWARDS
Fastmarkets Global Awards
for Steel Excellence, Service
Center of the Year (Large) –
3rd consecutive win
Fortune 500 list since 2007 –
2021 Rank #343
Fortune World’s Most
Admired Companies list since
2018 – 2021 Metals Industry
Rank #3
Metal Center News Top 50
Service Centers list – 1st for
the 14th consecutive year
S&P Global Platts 2021
Global Metals Awards,
Physical Metals Service
Provider of the Year
Share Repurchases
We repurchased approximately 2.1 million shares of our common stock at an
average cost of $153.55 per share, for a total of $323.5 million, in 2021. We
had $712.6 million available for repurchase under our stock repurchase plan
at the end of 2021.
The final core pillar of our business model is maintaining our robust financial
position, reinforced by a strong balance sheet, investment-grade credit ratings,
and enhanced liquidity supported by strong cash generation and effective
working capital management. In 2021, Reliance generated $799.4 million of cash
flow from operations due to our continued profitable operations and effective
working capital management, which, along with cash on hand, funded our
growth-related expenditures and stockholder returns of over $675 million and
$500 million, respectively. At December 31, 2021, our total liquidity was nearly
$1.8 billion, comprised of $300.5 million of cash on hand and full borrowing
availability on our $1.5 billion revolving credit facility, providing us meaningful
financial flexibility.
Reliance’s record-setting performance in 2021 was driven by our highly
resilient business model. Favorable pricing trends coupled with the
combination of our rich diversity of products, end markets, and geographies;
small order sizes with quick turnarounds; extraordinary execution by our
colleagues throughout our decentralized Family of Companies; and the
realization of returns on our significant investments in growth, including
value-added processing capabilities, collectively contributed to our
outstanding financial results. We also converted our record earnings to cash
and generated strong cash flow from operations despite making significant
investments in working capital due to rising metal prices to fund execution
of our dual capital allocation priorities of growth and stockholder returns.
Looking ahead, Reliance will continue to execute the proven business model
that has led us to industry-leading results for many decades. We will also
maintain our focus on continuous improvement to support our customers
and suppliers and to advance the health and safety of our colleagues, their
families, and the communities in which we live and conduct our businesses.
We remain grateful for the confidence you, our investors, have placed in us and
we thank you for your ongoing support of and commitment to Reliance.
JAMES D. HOFFMAN
Chief Executive Officer
KARLA R. LEWIS
President
ARTHUR AJEMYAN
Senior Vice President, Chief Financial Officer
As we look to the future, we will continue to GROW our family of companies, fostering a
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9
RELIANCE STEEL & ALUMINUM CO. 2021 ANNUAL REPORTRELIANCE STEEL & ALUMINUM CO. 2021 ANNUAL REPORT culture of excellence by promoting the health, SAFETY, and wellbeing of our colleagues
and their families, as well as SUPPORTING the communities in which we live and work.
10
11
RELIANCE STEEL & ALUMINUM CO. 2021 ANNUAL REPORTRELIANCE STEEL & ALUMINUM CO. 2021 ANNUAL REPORT SELECTED CONSOLIDATED FINANCIAL DATA
In millions, except number of shares which are reflected in thousands and per share amounts.
Year Ended December 31,
Income Statement Data:
Net sales
Cost of sales
(exclusive of depreciation and amortization expense)
2021
2020
2019
2018
2017
$14,093.3
$8,811.9
$10,973.8
$11,534.5
$9,721.0
9,603.0
6,036.8
7,644.4
8,253.0
6,933.2
Gross profit(1)
4,490.3
2,775.1
3,329.4
3,281.5
2,787.8
2,306.5
1,874.0
2,095.4
2,091.8
1,902.8
Warehouse, delivery, selling, general and
administrative expense
Depreciation and amortization expense
Impairment of long-lived assets
Operating income
Other (income) expense:
Interest expense
Other expense (income), net
Income before income taxes
Income tax provision (benefit)(2)
Net income(2)
230.2
4.7
1,948.9
62.7
3.1
1,883.1
465.7
1,417.4
227.3
108.0
565.8
62.9
24.7
478.2
105.8
372.4
219.3
1.2
1,013.5
85.0
(0.8)
929.3
223.2
706.1
215.2
37.0
937.5
86.2
0.7
850.6
208.8
641.8
218.4
4.2
662.4
73.9
4.7
583.8
37.2
621.0
7.6
Less: net income attributable to noncontrolling
interests
4.4
3.3
4.6
8.1
Net income attributable to Reliance(2)
$1,413.0
$369.1
$701.5
$633.7
$613.4
Earnings Per Share:
Diluted(2)
Basic(2)
Weighted average shares outstanding – diluted
Weighted average shares outstanding – basic
Other Data:
$21.97
$22.35
64,327
63,217
$5.66
$5.74
65,263
64,328
$10.34
$10.49
67,855
66,885
$8.75
$8.85
72,441
71,621
$8.34
$8.42
73,539
72,851
Cash flow provided by operations
$799.4
$1,173.0
$1,301.5
$664.6
$399.0
Capital expenditures
Cash dividends per share
Balance Sheet Data (December 31):
Working capital
Total assets
Short-term debt(3)
Long-term debt(3)
Total equity
236.6
2.75
172.0
2.50
242.2
2.20
239.9
2.00
161.6
1.80
$3,095.1
$2,499.8
$2,334.9
$2,585.9
$2,347.6
9,536.0
8,106.8
8,131.1
8,044.9
7,751.0
5.2
6.7
65.6
66.8
92.6
1,642.3
1,639.7
1,525.2
2,141.1
1,809.6
6,093.7
5,122.7
5,214.1
4,679.5
4,699.9
(1) Gross profit, calculated as net sales less cost of sales, is a non-GA AP financial measure as it excludes depreciation and amortization expense associated with the corresponding
sales. About half of our orders are basic distribution with no processing services performed. For the remainder of our sales orders, we perform “first-stage” processing, which
is generally not labor intensive as we are simply cutting the metal to size. Because of this, the amount of related labor and overhead, including depreciation and amortization
expense, is not significant and is excluded from cost of sales. Therefore, our cost of sales is substantially comprised of the cost of the material we sell. We use gross profit as shown
above as a measure of operating performance. Gross profit is an important operating and financial measure, as fluctuations in our gross profit can have a significant impact on our
earnings. Gross profit, as presented, is not necessarily comparable with similarly titled measures for other companies.
(2) 2017 includes a $207.3 million, or $2.82 per share, income tax benefit as a result of the Tax Cuts and Jobs Act of 2017.
(3) Includes finance lease obligations.
We will always DO THE RIGHT THING to operate profitably yet responsibly.
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RELIANCE STEEL & ALUMINUM CO. 2021 ANNUAL REPORTRELIANCE STEEL & ALUMINUM CO. 2021 ANNUAL REPORT
GEOGRAPHIC PRESENCE
SALES BY PRODUCT
SALES BY COMMODIT Y
IN T E R N AT ION A L
Australia
Belgium
Canada
China
France
India
Malaysia
Mexico
Singapore
South Korea
Turkey
United Arab Emirates
United Kingdom
S TAT E S
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Florida
Georgia
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maryland
Massachusetts
Michigan
Minnesota
Missouri
Montana
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
Tennessee
Texas
Utah
Virginia
Washington
Wisconsin
SALES BY REGION
MOUNTAIN 3%
PACIFIC NORTHWEST 4%
NORTHEAST 5%
WEST/SOUTHWEST 20%
INTERNATIONAL 5%
MIDWEST 35%
MID-ATLANTIC 7%
SOUTHEAST 21%
Carbon steel plate
Carbon steel tubing
Hot-rolled steel sheet and coil
Carbon steel structurals
Galvanized steel sheet and coil
Carbon steel bar
Cold-rolled steel sheet and coil
Stainless steel sheet and coil
Stainless steel bar and tube
Stainless steel plate
Aluminum bar and tube
Common alloy aluminum sheet and coil
Heat-treated aluminum plate
Common alloy aluminum plate
Heat-treated aluminum sheet and coil
Miscellaneous, including brass, copper,
titanium, manufactured parts, PVC pipe,
and scrap
Alloy bar and rod
Alloy tube
Toll processing – aluminum, carbon steel,
and stainless steel*
12%
12%
10%
9%
6%
5%
4%
8%
6%
2%
4%
4%
4%
1%
1%
5%
3%
1%
3%
58% CARBON STEEL
16% STAINLESS STEEL
14% ALUMINUM
5% MISCELLANEOUS
4% ALLOY
3% TOLL PROCESSING AND LOGISTICS
* Includes revenues for logistics services provided by our toll processing companies
14
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RELIANCE STEEL & ALUMINUM CO. 2021 ANNUAL REPORTRELIANCE STEEL & ALUMINUM CO. 2021 ANNUAL REPORT SELECTED CONSOLIDATED FINANCIAL DATA
In millions, except per share amounts.
Year Ended December 31,
Income Statement Data:
Net sales
Operating income(1)
Pretax income
Income taxes(2)
Net income attributable to Reliance(2)
Weighted average shares outstanding – diluted
Balance Sheet Data (December 31):
Current assets
Working capital
Net fixed assets
Total assets(3)
Current liabilities
Short-term debt(3)
Long-term debt(3)
Total equity
Per Share Data:
Earnings – diluted(2)
Dividends
Book value(4)
Ratio Analysis:
Return on Reliance stockholders’ equity(5)
Current ratio
Net debt-to-total capital ratio(6)
Gross profit margin(7)
Operating income margin(1)
Pretax income margin
Net income margin – Reliance(2)
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
$14,093.3
$8,811.9
$10,973.8
$11,534.5
$9,721.0
$8,613.4
$9,350.5
$10,451.6
$9,223.8
$8,442.3
$8,134.7
1,948.9
1,883.1
465.7
1,413.0
64.3
565.8
478.2
105.8
369.1
65.3
1,013.5
929.3
223.2
701.5
67.9
937.5
850.6
208.8
633.7
72.4
662.4
583.8
(37.2)
613.4
73.5
517.8
429.2
120.1
304.3
73.1
549.8
458.7
142.5
311.5
74.9
617.4
546.3
170.0
371.5
78.6
554.3
478.3
153.6
321.6
77.6
661.6
609.4
201.1
403.5
75.7
574.8
511.6
162.4
343.8
75.0
$4,160.1
$3,112.8
$3,010.2
$3,285.0
$3,051.3
$2,688.5
$2,554.2
$3,121.1
$2,738.9
$2,277.4
$2,274.7
3,095.1
1,836.8
9,536.0
1,065.0
5.2
1,642.3
6,093.7
$21.97
$2.75
$98.48
28.0%
3.9
18.1%
31.9%
13.8%
13.4%
10.0%
2,499.8
1,792.2
8,106.8
613.0
6.7
1,639.7
5,122.7
$5.66
$2.50
$80.43
7.4%
5.1
15.8%
31.5%
6.4%
5.4%
4.2%
2,334.9
1,795.2
8,131.1
675.3
65.6
1,525.2
5,214.1
$10.34
$2.20
$77.83
15.1%
4.5
21.4%
30.3%
9.2%
8.5%
6.4%
2,585.9
1,729.9
8,044.9
699.1
66.8
2,141.1
4,679.5
$8.75
$2.00
$69.83
13.9%
4.7
30.8%
28.4%
8.1%
7.4%
5.5%
2,347.6
1,656.3
7,751.0
703.7
92.6
1,809.6
4,699.9
$8.34
$1.80
$64.29
9.8%
4.3
27.2%
28.7%
6.8%
6.0%
6.3%
2,032.5
1,662.2
7,411.3
656.0
83.1
1,847.2
4,179.1
$4.16
$1.65
$57.07
7.8%
4.1
30.3%
30.1%
6.0%
5.0%
3.5%
1,564.5
1,635.5
7,121.6
989.7
501.3
1,428.9
3,942.7
$4.16
$1.60
$54.59
8.0%
2.6
31.8%
27.2%
5.9%
4.9%
3.3%
2,458.3
1,656.4
7,822.4
662.8
94.6
2,209.6
4,127.9
$4.73
$1.40
$53.03
9.6%
4.7
34.9%
25.1%
5.9%
5.2%
3.6%
2,165.5
1,603.9
7,323.6
573.4
36.8
2,055.1
3,884.4
$4.14
$1.26
$49.99
9.0%
4.8
34.1%
26.0%
6.0%
5.2%
3.5%
1,699.2
1,240.7
5,846.7
578.2
84.0
1,113.0
3,567.4
$5.33
$0.80
$46.82
12.8%
3.9
23.6%
26.1%
7.8%
7.2%
4.8%
1,698.3
1,105.5
5,592.3
576.4
12.8
1,306.9
3,152.0
$4.58
$0.48
$41.92
12.2%
3.9
28.2%
24.4%
7.1%
6.3%
4.2%
(6) Net debt-to-total capital ratio is calculated as total debt (net of cash) divided by Reliance stockholders’ equity plus total debt (net of cash).
(7) Gross profit, calculated as net sales less cost of sales, and gross profit margin, calculated as gross profit divided by net sales, are non-GA AP financial measures as they
exclude depreciation and amortization expense associated with the corresponding sales. About half of our orders are basic distribution with no processing services
performed. For the remainder of our sales orders, we perform “first-stage” processing which is generally not labor intensive as we are simply cutting the metal to size.
Because of this, the amount of related labor and overhead, including depreciation and amortization, is not significant and is excluded from cost of sales. Therefore, our cost
of sales is substantially comprised of the cost of the material we sell. We use gross profit margin as shown above as a measure of operating performance. Gross profit margin
is an important operating and financial measure, as fluctuations in our gross profit margin can have a significant impact on our earnings. Gross profit margin, as presented, is
not necessarily comparable with similarly titled measures for other companies.
16
17
(1) Operating income represents net sales less cost of sales, warehouse, delivery, selling, general and administrative expense, depreciation and amortization expense, and
impairment of long-lived assets. The calculation of operating income in years 2012 through 2021 includes various non-recurring charges and credits, including impairment
charges in 2021, 2020, 2019, 2018, 2017, 2016, 2015, 2013 and 2012. Additionally, the adoption of accounting rule changes in 2017 affected the presentation of periodic pension
cost. Prior year operating income and margin amounts have been retrospectively adjusted to conform to the current presentation.
(2) 2017 includes a $207.3 million, or $2.82 per share, income tax benefit as a result of the Tax Cuts and Jobs Act of 2017.
(3) Short-term and long-term debt amounts include finance lease obligations. The adoption of accounting rule changes in 2015 affected the presentation of debt issuance costs. Prior
year total assets, long-term debt and net debt-to-total capital ratio amounts have been retrospectively adjusted to conform to the current presentation.
(4) Book value per share is calculated as Reliance stockholders’ equity divided by the number of common shares outstanding as of December 31 of each year.
(5) Return on Reliance stockholders’ equity is based on the beginning of year equity amount, except for 2021, 2020, 2019, 2018 and 2015, which are adjusted for $323.5 million, $337.3
million, $50.0 million, $484.9 million and $355.5 million of share repurchases, respectively, and 2017, which is adjusted for a $207.3 million income tax benefit as a result of the
Tax Cuts and Jobs Act of 2017.
RELIANCE STEEL & ALUMINUM CO. 2021 ANNUAL REPORTRELIANCE STEEL & ALUMINUM CO. 2021 ANNUAL REPORT RELIANCE LOCATIONS
DI V I S ION S
Bralco Metals
bralco.com
Los Angeles, CA – Headquarters
714-736-4800
Albuquerque, NM
505-345-0959
Dallas, TX
972-276-2676
Phoenix, AZ
602-252-1918
Seattle, WA
253-395-0614
Wichita, KS
316-838-9351
Affiliated Metals
A Bralco Metals Company
affiliatedmetals.com
Salt Lake City, UT
801-363-1711
MetalCenter
A Bralco Metals Company
Los Angeles, CA
562-944-3322
Olympic Metals
A Bralco Metals Company
Denver, CO
303-286-9700
Central Plains Steel Co.
cpssteel.com
Wichita, KS
316-636-4500
Reliance Aerospace Solutions
rsaerospace.com
Cypress, CA
877-727-6073
Reliance Metalcenter
relianceunioncity.com
Oakland, CA
510-476-4400
Reliance Metals Group
Reliance Metalcenter
reliancecos.com
Colorado Springs, CO
719-390-4911
reliancentx.com
Dallas, TX
817-640-7222
reliancephx.com
Phoenix, AZ
602-275-4471
Phoenix, AZ
480-986-6156
reliancemetalcentersaltlakecity.com
Salt Lake City, UT
801-974-5300
reliancesa.com
San Antonio, TX
210-661-2301
reliancemetalcentersd.com
San Diego, CA
619-263-2141
Smith Pipe & Steel Company
smithpipe.com
Phoenix, AZ
602-257-9494
Reliance Steel Company
Albuquerque, NM
505-247-1441
Los Angeles, CA
323-583-6111
Tube Service Co.
tubeservice.com
Los Angeles, CA – Headquarters
562-695-0467
Denver, CO
303-321-9200
Phoenix, AZ
602-267-9865
Portland, OR
503-944-5420
San Diego, CA
619-579-3011
San Jose, CA
408-946-5500
SUBSIDIARIES
Admiral Metals Servicenter Company,
Incorporated
admiralmetals.com
Woburn, MA – Headquarters
781-933-8300
Guilderland, NY
781-953-4632
Largo, FL
614-330-8645
Oceanside, NY
781-953-7192
Rochester, NY
585-370-2740
Telford, PA
215-778-5832
Twinsburg, OH
781-953-7094
All Metal Services Limited
allmetal.co.uk
Birmingham, United Kingdom –
Headquarters
44 16 7543 0307
Belfast, United Kingdom
44 28 9073 9648
Bolton, United Kingdom
44 19 4284 0777
Bristol, United Kingdom
44 11 7982 2484
Losse, France
33 558 936 800
All Metal Services India Private Limited
A Subsidiary of All Metal Services Limited
Belagavi, India
91 80 2837 9124
All Metal Services Ltd. (Xi’an)
A Subsidiary of All Metal Services Limited
Xi’an, People’s Republic of China
86 29 8612 5300
All Metal Services (Malaysia) Sdn. Bhd.
A Subsidiary of All Metal Services Limited
Selangor Darul Ehsan, Malaysia
60 3 7803 5643
All Metals Processing & Logistics, Inc.
allmetals.com
AMI Metals, Inc.
amimetals.com
Chapel Steel Corp.
chapelsteel.com
Spartanburg, SC – Headquarters
864-574-8050
Nashville, TN – Headquarters
615-377-0400
Philadelphia, PA – Corporate Office
215-793-0899
Cartersville, GA
770-427-7379
Allegheny Steel Distributors, Inc.
alleghenysteel.com
Pittsburgh, PA
412-767-5000
American Metals Corporation
DBA American Steel
american-metals.com
Portland, OR – Headquarters
503-651-6700
Fresno, CA
559-266-0881
Sacramento, CA
916-371-7700
Seattle, WA
253-437-4080
Haskins Steel Company
A Division of American Metals Corporation
haskinssteelinc.com
Spokane, WA
509-535-0657
Lampros Steel
A Division of American Metals Corporation
lamprossteel.com
Portland, OR
503-285-6667
LSI Plate
A Division of American Metals Corporation
Rancho Cucamonga, CA
877-877-7528
Plate Sales
A Division of American Metals Corporation
Portland, OR
503-286-0039
Alaska Steel Company
A Subsidiary of American Metals
Corporation
alaskasteel.com
Anchorage, AK – Headquarters
907-561-1188
Fairbanks, AK
907-456-2719
Kenai, AK
907-283-3880
Fort Worth, TX
817-831-9586
Los Angeles, CA
909-429-1336
Birmingham, AL
205-781-0317
Birmingham, AL – Sales Office
800-641-1006
Seattle, WA – Sales Office
253-735-0181
Chicago, IL
815-937-1970
Spokane, WA
509-570-5880
St. Louis, MO
636-946-9492
Swedesboro, NJ
856-241-9180
Wichita, KS
316-945-7771
AMI Metals Aero Services Ankara
Havacılık Anonim Şirketi
A Subsidiary of AMI Metals, Inc.
Ankara, Turkey
90 312 810 0000
AMI Metals Europe SPRL
A Subsidiary of AMI Metals, Inc.
Gosselies, Belgium
32 71 37 67 99
AMI Metals UK Limited
Ellesmere Port, United Kingdom
44 151 355 6035
Best Manufacturing, Inc.
bestmanufacturinginc.com
Jonesboro, AR
870-931-9533
Bralco Metals (Australia) Pty Ltd
DBA Airport Metals (Australia)
airportmetals.com.au
Melbourne, Australia
61 3 9310 5566
CCC Steel, Inc.
Los Angeles, CA
310-637-0111
IMS Steel Co.
A Division of CCC Steel, Inc.
Salt Lake City, UT
801-973-1000
Chicago, IL – Sales Office
708-429-2244
Houston, TX
713-462-4449
Philadelphia, PA
610-705-0477
Portland, OR
503-228-3355
Tulsa, OK
844-964-0335
Chapel Steel Canada, Ltd.
Hamilton, Ontario, Canada
289-780-0570
Chatham Steel Corporation
chathamsteel.com
Savannah, GA – Headquarters
912-233-4182
Birmingham, AL
205-791-2261
Columbia, SC
803-799-8888
Durham, NC
919-682-3388
Orlando, FL
407-859-0310
Clayton Metals, Inc.
claytonmetals.com
Chicago, IL – Headquarters
630-860-7000
Cincinnati, OH – Sales Office
513-662-2400
Newark, NJ
973-588-1100
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RELIANCE STEEL & ALUMINUM CO. 2021 ANNUAL REPORTRELIANCE STEEL & ALUMINUM CO. 2021 ANNUAL REPORT
Continental Alloys & Services Limited
contalloy.com
Brechin, Scotland
44 135 662 5515
Peterhead, Scotland
44 177 948 0420
Continental Alloys & Services Pte. Ltd.
Jurong, Singapore
65 6690 0178
Continental Alloys & Services
(Malaysia) Sdn. Bhd.
A Subsidiary of Continental Alloys &
Services Pte. Ltd.
Nusajaya, Malaysia
60 7 531 9155
Continental Alloys Middle East FZE
Dubai, United Arab Emirates
971 4 8809770
Crest Steel Corporation
creststeel.com
Riverside, CA
951-727-2600
Delta Steel, Inc.
deltasteel.com
Houston, TX – Headquarters
713-635-1200
Cedar Hill, TX
972-299-6497
Fort Worth, TX
817-293-5015
San Antonio, TX
210-661-4641
Diamond Manufacturing Company
diamondman.com
Wyoming, PA - Headquarters
800-233-9601
Michigan City, IN
219-874-2374
McKey Perforating Co.
A Division of Diamond Manufacturing
Company
mckeyperforatedmetal.com
New Berlin, WI
800-532-7373
Manchester, TN
931-723-3636
Perforated Metals Plus
A Division of Diamond Manufacturing
Company
perforated-metals.com
Charlotte, NC
704-598-0443
Ferguson Perforating Company
A Subsidiary of Diamond Manufacturing
Company
fergusonperf.com
Providence, RI – Headquarters
401-941-8876
New Castle, PA
724-657-8703
DuBose National Energy Fasteners &
Machined Parts, Inc.
dubosenes.com
Cleveland, OH
216-362-1700
DuBose National Energy Services, Inc.
dubosenes.com
Clinton, NC – Headquarters
910-590-2151
Atlanta, GA – Sales Office
678-608-3660
Charlotte, NC – Sales Office
704-295-1060
Exton, PA – Sales Office
610-594-9413
Durrett Sheppard Steel Co., Inc.
durrettsheppard.com
Baltimore, MD
410-633-6800
Earle M. Jorgensen Company
emjmetals.com
Los Angeles, CA – Headquarters
323-567-1122
Atlanta, GA
678-894-2500
Birmingham, AL
205-814-0043
Boise, ID
503-283-2251
Boston, MA
508-435-6854
Charlotte, NC
704-588-3001
Chicago, IL
847-301-6100
Cincinnati, OH
513-771-3223
Cleveland, OH
330-425-1500
Dallas, TX
214-741-1761
Denver, CO
303-287-0381
Detroit, MI
734-402-8110
Hartford, CT
508-435-6854
Houston, TX
713-672-1621
Indianapolis, IN
317-838-8899
Kansas City, MO
816-483-4140
Lafayette, LA
713-672-1621
Memphis, TN
901-317-4300
Minneapolis, MN
763-784-5000
Oakland, CA
510-487-2700
Orlando, FL
800-365-5454
Philadelphia, PA
215-949-2850
Phoenix, AZ
602-272-0461
Portland, OR
503-283-2251
Quad Cities, IA
563-285-5340
Richmond, VA
804-732-7491
Rochester, NY
330-425-1500
Seattle, WA
253-872-0100
St. Louis, MO
314-291-6080
Tulsa, OK
918-835-1511
Wrightsville, PA
215-949-2850
Encore Metals USA
A Division of Earle M. Jorgensen
Company
Salt Lake City, UT
801-383-3808
Steel Bar
A Division of Earle M. Jorgensen
Company
Charlotte, NC
336-294-0053
Reliance Metals Canada Limited
A Subsidiary of Earle M. Jorgensen
Company
rmcl.com
Edmonton, Alberta, Canada – Corporate
Office
780-801-4114
Earle M. Jorgensen (Canada)
A Division of Reliance Metals Canada
Limited
emjmetals.ca
Edmonton, Alberta, Canada –
Headquarters
780-801-4015
Dartmouth, Nova Scotia, Canada
902-932-7570
Montreal, Quebec, Canada
450-661-5181
North Bay, Ontario, Canada
705-474-0866
Quebec City, Quebec, Canada
418-870-1422
Toronto, Ontario, Canada
905-564-0866
Vancouver, British Columbia, Canada
604-468-4747
Encore Metals
A Division of Reliance Metals Canada
Limited
encoremetals.com
Vancouver, British Columbia, Canada –
Headquarters
604-940-0439
Calgary, Alberta, Canada
403-236-1418
Edmonton, Alberta, Canada
780-436-6660
Montreal, Quebec, Canada
450-978-8877
Prince George, British Columbia, Canada
250-563-3343
Toronto, Ontario, Canada
905-878-1156
Winnipeg, Manitoba, Canada
204-663-1450
FastMetals, Inc.
fastmetals.com
Massillon, OH
833-327-8685
Feralloy Corporation
feralloy.com
Chicago, IL – Corporate Office
773-380-1500
Charleston, SC
843-336-4107
Decatur, AL
256-301-0500
Ghent, KY
502-206-7002
Portage, IN
219-787-9698
Sinton, TX
361-364-7220
Feralloy Processing Company
A Division of Feralloy Corporation
Portage, IN
219-787-8773
GH Metal Solutions
A Division of Feralloy Corporation
ghmetalsolutions.com
Fort Payne, AL – Headquarters
256-845-5411
Charleston, SC
843-336-4107
Decatur, AL
256-845-5411
Fort Payne, AL (East)
256-845-5411
Acero Prime, S. de R.L. de C.V.
A Subsidiary of Feralloy Corporation
aceroprime.com
San Luis Potosí, Mexico – Headquarters
52 444 870 7700
Monterrey, Mexico
52 818 000 5300
Ramos Arizpe, Mexico
52 844 450 6400
Toluca, Mexico
52 722 262 5500
Indiana Pickling & Processing Company
A Joint Venture of Feralloy Corporation
56% Owned
Portage, IN
219-787-8889
Oregon Feralloy Partners
A Joint Venture of Feralloy Corporation
40% Owned
Portland, OR
503-286-8869
Fox Metals and Alloys, Inc.
foxmetals.com
Houston, TX
281-890-6666
Fry Steel Company
frysteel.com
Santa Fe Springs, CA
562-802-2721
Infra-Metals Co.
infra-metals.com
Wallingford, CT – Headquarters
203-294-2980
Philadelphia, PA – Corporate Office
215-741-1000
Atlanta, GA
404-577-5005
Hallandale, FL
954-454-1564
Marseilles, IL
815-795-5002
New Boston, OH
740-353-1350
Petersburg, VA
804-957-5900
Tampa, FL
813-626-6005
Athens Steel
A Division of Infra-Metals Co.
athenssteel.com
Athens, GA
706-552-3850
IMS Steel
A Division of Infra-Metals Co.
imsornamental.com
Atlanta, GA
404-419-3460
20
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RELIANCE STEEL & ALUMINUM CO. 2021 ANNUAL REPORTRELIANCE STEEL & ALUMINUM CO. 2021 ANNUAL REPORT
KMS, Inc.
kmsfab.com
Luzerne, PA – Headquarters
570-338-0200
W. Columbia, SC
803-796-9995
Liebovich Bros., Inc.
liebovich.com
Rockford, IL
815-987-3200
Custom Fab Company
A Division of Liebovich Bros., Inc.
customfabco.com
Rockford, IL
815-987-3210
Good Metals Company
A Division of Liebovich Bros., Inc.
goodmetals.com
Grand Rapids, MI
616-241-4425
Hagerty Steel & Aluminum Company
A Division of Liebovich Bros., Inc.
hagertysteel.com
Peoria, IL
309-699-7251
Liebovich Steel & Aluminum Company
A Division of Liebovich Bros., Inc.
liebovichsteel.com
Rockford, IL – Headquarters
815-987-3200
Cedar Rapids, IA
319-366-8431
Kaukauna, WI
800-646-2790
Merfish United, Inc.
merfishunited.com
Ipswich, MA – Headquarters
800-777-7473
Birmingham, AL
205-854-2300
Burlington, NC
336-226-2244
Easton, PA
610-559-0990
Elyria, OH
440-323-0060
Franklin, IN
317-346-9825
Houston, TX
815-282-2724
Lakeland, FL
863-614-0674
Loves Park, IL
815-282-2724
Rialto, CA
909-441-1924
Stockton, CA
209-467-7473
Topeka, KS
785-357-0612
Metals USA, Inc.
metalsusa.com
Metals USA Carbon Flat Rolled, Inc.
A Subsidiary of Metals USA, Inc.
Northbrook, IL – Headquarters
847-291-2400
Germantown, WI
262-255-4444
Horicon, WI
920-485-9750
Jeffersonville, IN
812-282-4770
Liberty, MO
816-415-0004
Randleman, NC
336-498-8900
Springfield, OH
937-882-6354
Walker, MI
616-453-9845
Wooster, OH
330-264-8416
DBA Lynch Metals
lynchmetals.com
Union, NJ – Headquarters
908-686-8401
Anaheim, CA
714-238-7240
Metals USA Plates and Shapes, Inc.
A Subsidiary of Metals USA, Inc.
Langhorne, PA – Headquarters
267-580-2100
Ambridge, PA
724-266-7708
Bethlehem, PA
610-691-4270
Fairless Hills, PA
215-337-7000
Greensboro, NC
336-674-7991
Mobile, AL
251-456-4531
Newark, NJ
973-242-1000
Oakwood, GA
770-536-1214
Philadelphia, PA
215-673-9300
Seekonk, MA
508-399-8500
Waggaman, LA
504-431-7010
York, PA
717-757-3549
Gregor Technologies, LLC
A Subsidiary of Metals USA Plates and
Shapes, Inc.
gregortech.com
Torrington, CT
860-482-2569
Metals USA Plates and Shapes
Southcentral, Inc.
A Subsidiary of Metals USA, Inc.
Enid, OK
580-233-0411
Muskogee, OK
918-487-6800
DBA Port City Metal Services
portcitymetals.com
Tulsa, OK
918-583-2222
The Richardson Trident Company, LLC
A Subsidiary of Metals USA Plates and
Shapes Southcentral, Inc.
trident-metals.com
Richardson, TX – Headquarters
972-231-5176
Odessa, TX
432-561-5446
Tulsa, OK
918-252-5781
Altair Electronics, LLC
A Subsidiary of The Richardson Trident
Company, LLC
altair-co.com
Richardson, TX
972-231-5176
Metalweb Limited
metalweb.co.uk
PDM Steel Service Centers, Inc.
pdmsteel.com
Philadelphia, PA
215-295-9512
Birmingham, United Kingdom –
Headquarters
44 121 328 7700
London, United Kingdom
44 199 245 0300
Manchester, United Kingdom
44 161 483 9662
National Specialty Alloys, Inc.
nsalloys.com
Houston, TX – Headquarters
281-345-2115
Anaheim, CA
714-870-7800
Buford, GA
770-945-9255
Aleaciones Especiales de México, S. de
R.L. de C.V.
A Subsidiary of National Specialty Alloys,
Inc.
aleacionesespeciales.mx
Cuautitlán, Mexico
52 55 2225 0835
Northern Illinois Steel Supply Co.
nisteel.com
Channahon, IL – Headquarters
815-467-9000
Houston, TX
800-892-1601
Nu-Tech Precision Metals Inc.
nutechpm.com
Ottawa, Ontario, Canada
613-623-6544
Pacific Metal Company
pacificmetal.com
Portland, OR – Headquarters
503-454-1051
Billings, MT
406-245-2210
Boise, ID
208-323-8045
Eugene, OR
541-485-1876
Spokane, WA
509-535-0326
Elk Grove, CA – Headquarters
916-513-4548
Denver, CO
303-297-1456
Fresno, CA
209-943-0513
Las Vegas, NV
702-413-0067
Provo, UT
801-798-8676
Reno, NV
775-358-1441
Santa Clara, CA
408-988-3000
Stockton, CA
209-943-0513
Vancouver, WA
360-225-1133
Feralloy PDM Steel Service
A Division of PDM Steel Service Centers, Inc.
Stockton, CA
209-234-0548
Phoenix Corporation
DBA Phoenix Metals Company
phoenixmetals.com
Atlanta, GA – Headquarters
770-447-4211
Birmingham, AL
205-841-7477
Charlotte, NC
704-588-7075
Cincinnati, OH
513-727-4763
Fort Smith, AR
479-452-3802
Hammond, IN
513-727-4763
Kansas City, KS
913-321-5200
Lafayette, LA
337-837-4381
Nashville, TN
931-486-1456
New Orleans, LA
504-586-9191
Richmond, VA
804-222-5052
St. Louis, MO
636-379-4050
Tampa, FL
813-626-8999
Precision Flamecutting and Steel, Inc.
pflame.com
Houston, TX
281-477-1600
Precision Strip Inc.
precision-strip.com
Minster, OH – Headquarters
419-628-2343
Bowling Green, KY
270-282-8420
Canton, OH
734-739-7030
Dayton, OH
937-667-6255
Indianapolis, IN
765-778-4452
Jeffersonville, IN
812-850-3161
Kenton, OH
419-674-4186
Middletown, OH
513-423-4166
Portage, IN
219-850-5080
Rockport, IN
812-362-6480
Talladega, AL
256-315-2345
Toledo, OH
419-661-1100
Vonore, TN
423-271-3690
Woodburn, KY
270-542-6100
Woodhaven, MI
734-301-4001
Reliance Metalcenter Asia Pacific Pte. Ltd.
Jurong, Singapore
65 6265 1211
22
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RELIANCE STEEL & ALUMINUM CO. 2021 ANNUAL REPORTRELIANCE STEEL & ALUMINUM CO. 2021 ANNUAL REPORT
Service Steel Aerospace Corp.
ssa-corp.com
Seattle, WA – Headquarters
253-627-2910
Canton, OH
330-833-5800
Wichita, KS
316-838-7737
Dynamic Metals International
A Division of Service Steel Aerospace
Corp.
dynamicmetals.net
Windsor, CT
860-688-8393
United Alloys Aircraft Metals
A Division of Service Steel Aerospace
Corp.
Los Angeles, CA
323-588-2688
Siskin Steel & Supply Company, Inc.
siskin.com
Chattanooga, TN – Headquarters
423-756-3671
Louisville, KY
502-716-5140
Nashville, TN
615-242-4444
Spartanburg, SC
864-599-9988
East Tennessee Steel Supply Co.
A Division of Siskin Steel & Supply
Company, Inc.
tnsteel.com
Morristown, TN
423-587-3500
Sugar Steel Corporation
sugarsteel.com
Chicago, IL – Headquarters
708-757-9500
Evansville, IN
812-428-5490
Perrysburg, OH
419-661-8500
Tubular Steel, Inc.
tubularsteel.com
St. Louis, MO – Headquarters
314-851-9200
Hazelwood, MO
314-524-6600
Katy, TX
281-371-5200
Lorain, OH
440-960-6100
Rialto, CA
909-429-6900
DBA Metalcraft Enterprises
New Haven, MO
573-237-3016
Valex Corp.
valex.com
Ventura, CA
805-658-0944
Valex Semiconductor Materials (Zhejiang)
Co., Ltd.
A Subsidiary of Valex Corp.
Haiyan Economic Development Zone,
People’s Republic of China
86 21 5818 3189
Valex Korea Co., Ltd.
A 96% Owned Subsidiary of Valex Corp.
Seoul, Republic of Korea
82 31 683 0119
Viking Materials, Inc.
vikingmaterials.com
Minneapolis, MN – Headquarters
612-617-5800
Chicago, IL
847-451-7171
Yarde Metals, Inc.
yarde.com
Southington, CT – Headquarters
860-406-6061
East Hanover, NJ
973-463-1166
Greensboro, NC
336-500-0535
Hauppauge, NY
631-232-1600
Limerick, PA
610-495-7545
North Canton, OH
330-342-7020
Pelham, NH
603-635-1266
Rotax Metals, Inc.
rotaxmetals.net
A Subsidiary of Yarde Metals, Inc.
Brooklyn, NY
718-272-9800
CORPOR ATE DIRECTORY
O F F I C E R S
James D. Hoffman
Chief Executive Officer
Karla R. Lewis
President
Arthur Ajemyan
Senior Vice President, Chief Financial Officer
Suzanne M. Bonner
Senior Vice President, Chief Information Officer
Jeffrey W. Durham
Senior Vice President, Operations
Stephen P. Koch
Senior Vice President, Operations
Sean M. Mollins
Senior Vice President, Operations
Michael P. Shanley
Senior Vice President, Operations
William A. Smith II
Senior Vice President, General Counsel
and Corporate Secretary
Vandy C. Lupton
Vice President, Health and Human Resources
Brenda S. Miyamoto
Vice President, Corporate Initiatives
John A. Shatkus
Vice President, Enterprise Risk
Silva Yeghyayan
Vice President, Tax
Brian M. Yamaguchi
Vice President, Supplier Development
D I R E C T O R S
Mark V. Kaminski (1), (2)
Chairman of the Board
Executive Chairman and Director
Graniterock
Sarah J. Anderson (1), (2), (4)
Former Partner
Ernst & Young LLP
Lisa L. Baldwin (1), (2), (3)
Former Chief Information Officer
Tiffany & Co.
Karen W. Colonias (1), (2), (3)
President and Chief Executive Officer
Simpson Manufacturing Co., Inc.
Frank J. Dellaquila (1), (2)
Senior Executive Vice President and Chief
Financial Officer
Emerson Electric Co.
John G. Figueroa (1), (3), (4)
Chairman and Chief Executive Officer
Carepathrx
James D. Hoffman
Chief Executive Officer
Reliance Steel & Aluminum Co.
Karla R. Lewis
President
Reliance Steel & Aluminum Co.
Robert A. McEvoy (1), (3), (4)
Former Managing Director
Goldman Sachs
David W. Seeger (1), (3), (4)
Former President
Zekelman Industries (formerly JMC Steel Group)
Andrew G. Sharkey, III (1), (3), (4)
Former President and Chief Executive Officer
American Iron and Steel Institute
Douglas W. Stotlar (1), (2), (4)
Former President and Chief Executive Officer
Con-way Inc.
(1) Independent Director
(2) Member of the Audit Committee
(3) Member of the Compensation Committee
(4) Member of the Nominating and Governance Committee
24
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RELIANCE STEEL & ALUMINUM CO. 2021 ANNUAL REPORTRELIANCE STEEL & ALUMINUM CO. 2021 ANNUAL REPORT
CORPOR ATE INFORMATION
TRANSFER AGENT & REGISTRAR
American Stock Transfer & Trust Company, LLC
6201 15th Avenue
Brooklyn, NY 11219
800-937-5449
718-921-8124
astfinancial.com
INDEPENDENT REGISTERED PUBLIC
ACCOUNTING FIRM
KPMG LLP
Los Angeles, CA
RELIANCE STEEL & ALUMINUM CO.
PRINCIPLE EXECUTIVE OFFICES
350 South Grand Avenue
Suite 5100
Los Angeles, CA 90071
213-687-7700
rsac.com
FORM 10-K
A copy of the Annual Report on Form 10-K,
filed with the United States Securities and
Exchange Commission, is available at
sec.gov or investor.rsac.com or upon request to:
William A. Smith II
Senior Vice President, General Counsel
and Corporate Secretary
Reliance Steel & Aluminum Co.
350 South Grand Avenue
Suite 5100
Los Angeles, CA 90071
INVESTOR RELATIONS CONTACT
213-576-2428
investor@rsac.com
SECURITIES LISTING
Reliance Steel & Aluminum Co.’s common stock is
traded on the New York Stock Exchange under the
symbol “RS.”
MARKET PRICE OF COMMON STOCK
The high and low sales prices for the Company’s
common stock in 2021 were $177.24 and $116.08.
The following table sets forth the high and low sales
prices of the Company’s common stock for the stated
calendar quarters.
2021
1Q
2Q
3Q
4Q
LOW
HIGH
$155.62 $116.08
$148.74
$177.24
$159.99
$140.17
$166.83 $141.18
STOCKHOLDERS OF RECORD AND DIVIDEND POLICY
As of February 18, 2022, there were 171 record holders
of our common stock. We have paid quarterly cash
dividends on our common stock for 62 consecutive
years. Our Board of Directors has increased the
quarterly dividend rate on a periodic basis 29 times since
our IPO in 1994.
FORWARD-LOOKING STATEMENTS
This Annual Report includes statements that, to the
extent they are not recitations of historical fact, may
constitute forward-looking statements within the
meanng of the federal securities laws, and are based
on Reliance’s current expectations and assumptions.
For a discussion identifying important factors that
could cause actual results to vary materially from
those anticipated in the forward-looking statements,
see Reliance’s 2021 Form 10-K. As a result, these
statements speak only as of the date that they are
made, and Reliance disclaims any and all obligation
to publicly update or revise any forward-looking
statements, whether as a result of new information,
future events, or otherwise.
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RELIANCE STEEL & ALUMINUM CO. 2021 ANNUAL REPORT
350 SOUTH GRAND AVENUE, SUITE 5100 | LOS ANGELES, CA 90071 | 213-687-7700 | RSAC.COM