GOING STRONG.
GROWING STRONGER.
RELIANCE STEEL & ALUMINUM CO. 2022 ANNUAL REPORT
DECADE AFTER DECADE,
OUR BUSINESS MODEL
HAS OVERCOME THE
MANY CHALLENGES
IT HAS FACED.
YEAR AFTER YEAR,
OUR INVESTMENTS
IN OUR PEOPLE AND
EQUIPMENT HAVE
ADDED VALUE.
1
2022 ANNUAL REPORT DAY AFTER DAY,
WE WORK TO BUILD A
CULTURE OF SAFETY
ACROSS OUR FAMILY
OF COMPANIES.
2
RELIANCE STEEL & ALUMINUM CO. MINUTE BY MINUTE,
WE’RE FINDING
OPPORTUNITIES TO
EXPAND AND STAND
READY TO GROW.
3
2022 ANNUAL REPORT BECAUSE EVERY
MOMENT, WE ARE
GROWING STRONGER.
- $1 million dollars donated to Ronald McDonald House Charities®
to commemorate the expansion of Reliance Cares
- Record financial results: $17.03 billion net sales, $30.03 non-GAAP EPS,
$2.12 billion annual cash flow from operations
- 2022 was our safest year yet – record low TRIR of 1.61
- Fastmarkets Global Awards for Steel Excellence,
Service Center of the Year – 4th consecutive win
- 15 years on the Fortune 500 list – #261 in 2022
- 14 consecutive years at the top of Metal Center News’
Top 50 Service Centers list
4
RELIANCE STEEL & ALUMINUM CO. DEAR FELLOW
STOCKHOLDERS,
We are extremely grateful to each member of our
proactive commitment, engagement, and accountability
Reliance Family of Companies for achieving our safest
with every employee. We stay focused on reducing the
year ever in 2022! We are also very proud of the strong
number of injuries with zero as our goal; the safety, health
operational execution which generated record-setting
and wellbeing of our employees, our customers, and our
financial results across nearly every metric. Importantly,
communities remains our number one priority in all areas
our team performed well in a complex environment,
of our business.
facing ongoing inflationary headwinds, recessionary
concerns, supply chain disruptions including labor
shortages, and overall declining metal prices in the
Record Operational and Financial Performance
Reliance produced record net sales of $17.03 billion
second half of the year. Our managers in the field once
in 2022. Our proven, resilient business model – which
again did a tremendous job navigating these challenges,
is differentiated by the diversity of end markets,
supporting our confidence in Reliance’s ability to continue
growing stronger, no matter the circumstances.
products, and geography – also benefitted from
solid demand trends and favorable metals pricing
Safest Year Ever
Most importantly, we accomplished our record financial
compared to historical levels. Our extensive network
of approximately 315 locations distribute a full-line of
over 100,000 metal products to more than 125,000
results in a safe and effective manner. Our 2022 Total
customers in a broad range of industries including
Recordable Incident Rate (TRIR) of 1.61 was an all-time low
non-residential construction, industrial machinery,
and an achievement of which we are particularly proud.
consumer products, heavy equipment, semiconductor,
“BE SAFE, BE WELL, BE RELIANCE” was the theme of our
commercial aerospace, and more. Consistent with
2022 company-wide SMART Safety program to promote
our focus on small orders with quick turnaround and
NET SALES (IN MILLIONS)
NET INCOME (IN MILLIONS)
$17,025.0
$1,840.1
$14,093.3
$1,413.0
$11,534.5
$10,973.8
$8,811.9
$633.7
$701.5
$369.1
2018
2019
2020
2021
2022
2018
2019
2020
2021
2022
5
2022 ANNUAL REPORT CASH FLOW FROM OPERATIONS
(IN MILLIONS)
$2,118.6
$1,301.5
$1,173.0
$664.6
$799.4
2018
2019
2020
2021
2022
value-added processing, our average order size in 2022
was $3,670, 50% of our orders included value-added
metals processing services, and approximately 40% of
our orders were delivered within 24 hours.
Our continued investment in value-added processing
capabilities contributed to a 30.8% gross profit margin
in 2022, at the high end of our estimated sustainable
annual range of 29% to 31%, despite declining metal
prices on the majority of our products in the second
half of the year. This strong gross profit margin, along
with our effective expense management, combined to
generate record annual non-GAAP pretax income of
$2.44 billion and record non-GAAP diluted earnings per
share of $30.03. Our record profitability and effective
EARNINGS PER SHARE (DILUTED)
$21.97
$8.75
$10.34
$5.66
$29.92
working capital management drove record annual cash
flow from operations of $2.12 billion in 2022.
Balanced Capital Allocation Strategy
Our record cash generation strengthened our liquidity
position and enables us to continue executing our
disciplined and balanced capital allocation strategy
focused on both growth and stockholder returns.
We set a new annual spend record by investing nearly
$342 million in capital expenditures in 2022. We
2018
2019
2020
2021
2022
deployed these funds to maintain, upgrade, and expand
RETURN ON EQUITY*
Based on beginning of the year equity, as adjusted.
28%
14%
15%
7%
many of our facilities as well as to purchase and install
over 200 new pieces of metal processing equipment,
32%
energy-efficient lighting, and solar panels. Our capital
expenditure budget for 2023 sets another new record
at $500 million and, with approximately two-thirds
targeting growth initiatives, supports our goal of
growing stronger.
While we did not complete any acquisitions in 2022,
the pipeline remains healthy. We continue to evaluate
many opportunities and will pursue those that meet our
disciplined criteria.
2018
2019
2020
2021
2022
* Return on Reliance stockholders’ equity is based on the beginning of the year equity amount, adjusted for
$630.3 million, $323.5 million, $337.3 million, $50.0 million and $484.9 million of share repurchases for
2022, 2021, 2020, 2019 and 2018, respectively.
In 2022, Reliance returned over $847 million to our
stockholders through dividends and share repurchases.
We have paid regular quarterly cash dividends for 63
6
RELIANCE STEEL & ALUMINUM CO. Karla R. Lewis
President and Chief Executive Officer
Stephen P. Koch
Executive Vice President and
Chief Operating Officer
Arthur Ajemyan
Senior Vice President and
Chief Financial Officer
consecutive years and have increased our dividend 30
business, advancements in automation and technology
times since our 1994 IPO, including our most recent
increase of 14.3% to $1.00 per share ($4.00 per share
on an annualized basis) in the first quarter of 2023. We
in our operations, and an increased commitment to our
communities as we grow stronger in the future.
repurchased approximately 3.5 million shares of RS
We would like to express our sincerest gratitude to all of
common stock at an average cost of $178.81 per share,
our employees, customers, suppliers, and stockholders
for a total of $630.3 million, in 2022.
for their continued confidence in and ongoing support
Going Strong
Over the past five years, Reliance has returned over
$2.68 billion in capital to our stockholders – representing
approximately 54% of our net income over the same
period – through both dividends and share repurchases
and concurrently invested $1.93 billion in growth-related
activities through capital expenditures and acquisitions.
These actions underscore our commitments to growth
and delivering increased value to our stockholders.
On behalf of our team and the Board of Directors, we
would like to acknowledge Jim Hoffman for his leadership
and significant contributions to Reliance both during his
tenure as CEO and over the course of his many years
of service to the Company. We honor all the success
Reliance has achieved throughout our 84-year history.
Growing Stronger
We are excited to move into our next chapter. We will
continue to focus on the safety, development, and
wellbeing of our employees, the profitable growth of our
of Reliance.
Sincerely,
Karla R. Lewis
President and Chief Executive Officer
Stephen P. Koch
Executive Vice President and Chief Operating Officer
Arthur Ajemyan
Senior Vice President and Chief Financial Officer
7
2022 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)
2022
2021
2020
2019
2018
$17,025.0
$14,093.3
$8,811.9
$10,973.8
$11,534.5
11,773.7
9,603.0
6,036.8
7,644.4
8,253.0
Gross profit(1)
5,251.3
4,490.3
2,775.1
3,329.4
3,281.5
Warehouse, delivery, selling, general and administrative
expense
2,504.2
2,306.5
1,874.0
2,095.4
2,091.8
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
Net income
Less: net income attributable to noncontrolling interests
240.2
-
230.2
4.7
2,506.9
1,948.9
62.3
14.2
2,430.4
586.2
1,844.2
4.1
62.7
3.1
1,883.1
465.7
1,417.4
4.4
227.3
108.0
565.8
62.9
24.7
478.2
105.8
372.4
3.3
219.3
1.2
1,013.5
85.0
(0.8)
929.3
223.2
706.1
4.6
215.2
37.0
937.5
86.2
0.7
850.6
208.8
641.8
8.1
Net income attributable to Reliance
$1,840.1
$1,413.0
$369.1
$701.5
$633.7
Earnings Per Share:
Basic
Diluted
Weighted average shares outstanding - basic
Weighted average shares outstanding - diluted
Other Data:
$30.39
$29.92
60,559
61,495
$22.35
$21.97
63,217
64,327
$5.74
$5.66
64,328
65,263
$10.49
$10.34
66,885
67,855
$8.85
$8.75
71,621
72,441
Cash flow provided by operations
$2,118.6
$799.4
$1,173.0
$1,301.5
$664.6
Capital expenditures
Cash dividends per share
Balance Sheet Data (December 31):
Working capital
Total assets
Short-term debt
Long-term debt
Total equity
341.8
3.50
236.6
2.75
172.0
2.50
242.2
2.20
239.9
2.00
$3,511.3
$3,095.1
$2,499.8
$2,334.9
$2,585.9
10,329.9
9,536.0
8,106.8
8,131.1
8,044.9
508.2
1,139.4
5.0
1,642.0
7,095.9
6,093.7
6.0
64.9
65.2
1,638.9
5,122.7
1,523.6
2,138.5
5,214.1
4,679.5
(1) Gross profit, calculated as net sales less cost of sales, is a non-GAAP 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.
8
RELIANCE STEEL & ALUMINUM CO. 9
2022 ANNUAL REPORT GEOGRAPHIC PRESENCE
INTERNATIONAL
Belgium
Mexico
Canada
Singapore
China
South Korea
France
Turkey
India
United Arab Emirates
Malaysia
United Kingdom
SALES BY REGION
Mountain 3%
Pacific Northwest 3%
International 6%
Northeast 7%
STATES
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Kentucky
Louisiana
Maryland
Ohio
Oklahoma
Oregon
Massachusetts
Pennsylvania
Michigan
Minnesota
Rhode Island
South Carolina
Connecticut
Missouri
Tennessee
Florida
Georgia
Idaho
Illinois
Indiana
Iowa
Kansas
Montana
Nevada
Texas
Utah
New Hampshire
Virginia
New Jersey
Washington
New Mexico
Wisconsin
New York
North Carolina
Mid-Atlantic 7%
Southeast 19%
West/Southwest 22%
Midwest 33%
10
RELIANCE STEEL & ALUMINUM CO. SALES BY PRODUCT
SALES BY COMMODITY
Carbon steel plate
Carbon steel tubing
Carbon steel structurals
Hot-rolled steel sheet and coil
Carbon steel bar
Galvanized steel sheet and coil
Cold-rolled steel sheet and coil
Stainless steel bar and tube
Stainless steel sheet and coil
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
Alloy bar and rod
Alloy tube
Miscellaneous, including titanium,
manufactured parts, and scrap
Toll processing* — aluminum, carbon steel,
and stainless steel
Copper and brass
11%
11%
10%
9%
5%
5%
3%
8%
7%
2%
5%
4%
4%
1%
1%
3%
1%
5%
3%
2%
CARBON STEEL 54%
STAINLESS STEEL 17%
ALUMINUM 15%
ALLOY 4%
OTHER 10%
*Includes revenues for logistics services provided by our toll processing companies
11
2022 ANNUAL REPORT
SELECTED CONSOLIDATED FINANCIAL DATA
In millions, except per share amounts.
Year Ended December 31,
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
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)
$17,025.0
$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
2,506.9
2,430.4
586.2
1,840.1
61.5
$4,886.6
3,511.3
1,974.6
10,329.9
1,375.3
508.2
1,139.4
7,095.9
$29.92
$3.50
$120.56
31.6%
3.6
6.3%
30.8%
14.7%
14.3%
10.8%
1,948.9
1,883.1
465.7
1,413.0
64.3
$4,160.1
3,095.1
1,836.8
9,536.0
1,065.0
5.0
1,642.0
6,093.7
$21.97
$2.75
$98.48
28.0%
3.9
18.1%
31.9%
13.8%
13.4%
10.0%
565.8
478.2
105.8
369.1
65.3
$3,112.8
2,499.8
1,792.2
8,106.8
613.0
6.0
1,638.9
5,122.7
$5.66
$2.50
$80.43
7.4%
5.1
15.8%
31.5%
6.4%
5.4%
4.2%
1,013.5
929.3
223.2
701.5
67.9
$3,010.2
2,334.9
1,795.2
8,131.1
675.3
64.9
1,523.6
5,214.1
$10.34
$2.20
$77.83
15.1%
4.5
21.4%
30.3%
9.2%
8.5%
6.4%
$3,285.0
$3,051.3
$2,688.5
$2,554.2
$2,738.9
$2,277.4
937.5
850.6
208.8
633.7
72.4
2,585.9
1,729.9
8,044.9
699.1
65.2
2,138.5
4,679.5
$8.75
$2.00
$69.83
13.9%
4.7
30.8%
28.4%
8.1%
7.4%
5.5%
662.4
583.8
(37.2)
613.4
73.5
2,347.6
1,656.3
7,751.0
703.7
92.0
1,809.4
4,699.9
$8.34
$1.80
$64.29
9.8%
4.3
27.2%
28.7%
6.8%
6.0%
6.3%
517.8
429.2
120.1
304.3
73.1
2,032.5
1,662.2
7,411.3
656.0
82.5
1,846.7
4,179.1
$4.16
$1.65
$57.07
7.8%
4.1
30.3%
30.1%
6.0%
5.0%
3.5%
549.8
458.7
142.5
311.5
74.9
1,564.5
1,635.5
7,121.6
989.7
500.8
1,427.9
3,942.7
617.4
546.3
170.0
371.5
78.6
$3,121.1
2,458.3
1,656.4
7,822.4
662.8
93.9
2,208.1
4,127.9
554.3
478.3
153.6
321.6
77.6
2,165.5
1,603.9
7,323.6
573.4
36.5
2,055.1
3,884.4
$4.16
$1.60
$4.73
$1.40
$4.14
$1.26
$54.59
$53.03
$49.99
8.0%
2.6
31.8%
27.2%
5.9%
4.9%
3.3%
9.6%
4.7
34.9%
25.1%
5.9%
5.2%
3.6%
9.0%
4.8
34.1%
26.0%
6.0%
5.2%
3.5%
661.6
609.4
201.1
403.5
75.7
1,699.2
1,240.7
5,846.7
578.2
83.6
1,112.8
3,567.4
$5.33
$0.80
$46.82
12.8%
3.9
23.6%
26.1%
7.8%
7.2%
4.8%
(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 2022 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 operating income. 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)
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 2022, 2021, 2020, 2019, 2018 and 2015, which are adjusted for $630.3 million,
$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.
12
RELIANCE STEEL & ALUMINUM CO. In millions, except per share amounts.
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)
2,506.9
2,430.4
586.2
1,840.1
61.5
$4,886.6
3,511.3
1,974.6
10,329.9
1,375.3
508.2
1,139.4
7,095.9
$29.92
$3.50
$120.56
31.6%
3.6
6.3%
30.8%
14.7%
14.3%
10.8%
1,948.9
1,883.1
465.7
1,413.0
64.3
$4,160.1
3,095.1
1,836.8
9,536.0
1,065.0
5.0
1,642.0
6,093.7
$21.97
$2.75
$98.48
28.0%
3.9
18.1%
31.9%
13.8%
13.4%
10.0%
565.8
478.2
105.8
369.1
65.3
$3,112.8
2,499.8
1,792.2
8,106.8
613.0
6.0
1,638.9
5,122.7
$5.66
$2.50
$80.43
7.4%
5.1
15.8%
31.5%
6.4%
5.4%
4.2%
1,013.5
929.3
223.2
701.5
67.9
$3,010.2
2,334.9
1,795.2
8,131.1
675.3
64.9
1,523.6
5,214.1
$10.34
$2.20
$77.83
15.1%
4.5
21.4%
30.3%
9.2%
8.5%
6.4%
Year Ended December 31,
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
$17,025.0
$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
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
$3,285.0
$3,051.3
$2,688.5
$2,554.2
617.4
546.3
170.0
371.5
78.6
$3,121.1
2,458.3
1,656.4
7,822.4
662.8
93.9
2,208.1
4,127.9
554.3
478.3
153.6
321.6
77.6
661.6
609.4
201.1
403.5
75.7
$2,738.9
$2,277.4
2,165.5
1,603.9
7,323.6
573.4
36.5
2,055.1
3,884.4
1,564.5
1,635.5
7,121.6
989.7
500.8
1,427.9
3,942.7
2,585.9
1,729.9
8,044.9
699.1
65.2
2,138.5
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
92.0
1,809.4
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
82.5
1,846.7
4,179.1
$4.16
$1.65
$57.07
7.8%
4.1
30.3%
30.1%
6.0%
5.0%
3.5%
1,699.2
1,240.7
5,846.7
578.2
83.6
1,112.8
3,567.4
$5.33
$0.80
$46.82
12.8%
3.9
23.6%
26.1%
7.8%
7.2%
4.8%
$4.16
$1.60
$4.73
$1.40
$4.14
$1.26
$54.59
$53.03
$49.99
8.0%
2.6
31.8%
27.2%
5.9%
4.9%
3.3%
9.6%
4.7
34.9%
25.1%
5.9%
5.2%
3.6%
9.0%
4.8
34.1%
26.0%
6.0%
5.2%
3.5%
(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-GAAP 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.
13
2022 ANNUAL REPORT
RELIANCE LOCATIONS
DIVISIONS
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
Union City, 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
480-968-6156
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
339-227-1172
Allegheny Steel Distributors, Inc.
alleghenysteel.com
Pittsburgh, PA
412-767-5000
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
14
RELIANCE STEEL & ALUMINUM CO.
All Metals Processing & Logistics, Inc.
allmetals.com
Los Angeles, CA
909-429-1336
Spartanburg, SC – Headquarters
864-574-8050
Seattle, WA – Sales Office
253-735-0181
Cartersville, GA
770-427-7379
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
Alaska Steel Company
A Division of American Metals Corporation
alaskasteel.com
Anchorage, AK – Headquarters
907-561-1188
Fairbanks, AK
907-456-2719
Kenai, AK
907-283-3880
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
AMI Metals, Inc.
amimetals.com
Nashville, TN – Headquarters
615-377-0400
Fort Worth, TX
817-831-9586
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
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
Chapel Steel Corp.
chapelsteel.com
Philadelphia, PA – Corporate Office
215-793-0899
Birmingham, AL
800-641-1006
Birmingham, AL – Sales Office
205-781-0317
Chicago, IL
815-937-1970
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
Parsipanny, NJ
973-588-1100
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
15
2022 ANNUAL REPORT
Crest Steel Corporation
creststeel.com
Riverside, CA
951-727-2600
Earle M. Jorgensen Company
emjmetals.com
Los Angeles, CA – Headquarters
323-567-1122
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
800-345-7373
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
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
Salt Lake City, UT
801-383-3808
Seattle, WA
253-872-0100
St. Louis, MO
314-291-6080
Tulsa, OK
918-835-1511
Wrightsville, PA
215-949-2850
Steel Bar
A Division of Earle M. Jorgensen Company
Greensboro, 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
16
RELIANCE STEEL & ALUMINUM CO.
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
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
Acero Prime Feralloy Sinton
Processing Center
A Division of Feralloy Corporation
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
Monterrey, Mexico
52 818 000 5300
Ramos Arizpe, Mexico
52 844 450 6400
Toluca, Mexico
52 722 262 5500
Indiana Pickling and 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
Langhorne, PA – Headquarters
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
Wallingford, CT
203-294-2980
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
Athens Steel
A Division of Infra-Metals Co.
athenssteel.com
Athens, GA
706-552-3850
Delta Steel
A Division of Infra-Metals Co.
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
IMS Steel
A Division of Infra-Metals Co.
imsornamental.com
Atlanta, GA
404-419-3460
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
17
2022 ANNUAL REPORT
Metals USA, Inc.
metalsusa.com
Lynch Metals
A Division of Metals USA, Inc.
lynchmetals.com
Union, NJ – Headquarters
908-686-8401
Anaheim, CA
714-238-7240
i-Solutions
A Subsidiary of Metals USA, Inc.
isolutions.metalsusa.com
800-700-3032
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
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 – Sales office
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
Port City Metal Services
A Division of Metals USA Plates and Shapes
Southcentral, Inc.
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
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.
aleacionesespecialesdemexico.com
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
PDM Steel Service Centers, Inc.
pdmsteel.com
Elk Grove, CA – Headquarters
916-513-4548
Metalweb Limited
metalweb.co.uk
Birmingham, United Kingdom – Headquarters
44 121 328 7700
London, United Kingdom
44 199 245 0300
Manchester, United Kingdom
44 161 483 9662
Denver, CO
303-297-1456
Fresno, CA
209-943-0513
Las Vegas, NV
702-413-0067
18
RELIANCE STEEL & ALUMINUM CO.
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
Peachtree Corners, GA – Headquarters
770-447-4211
Birmingham, AL
205-841-7477
Charlotte, NC
704-588-7075
Cincinnati, OH
513-727-4763
Cleveland, OH
513-727-4763
Fort Smith, AR
479-452-3802
Hammond, IN
219-747-7117
Kansas City, KS
913-321-5200
Lafayette, LA
337-837-4381
Nashville, TN
931-486-1456
Philadelphia, PA
215-295-9512
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
Anderson, IN
765-778-4452
Bowling Green, KY
270-282-8420
Canton, MI
734-736-7030
Jeffersonville, IN
812-850-3161
Kenton, OH
419-674-4186
Middletown, OH
513-423-4166
Perrysburg, OH
419-661-1100
Portage, IN
219-850-5080
Rockport, IN
812-362-6480
Talladega, AL
256-315-2345
Tipp City, OH
937-667-6255
Vonore, TN
423-271-3690
Woodburn, KY
270-542-6100
Woodhaven, MI
734-301-4001
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
The Steel Store
A Division of Siskin Steel &
Supply Company, Inc.
thesteelstore.com
Chattanooga, TN
423-265-4246
Sugar Steel Corporation
sugarsteel.com
Chicago, IL – Headquarters
708-757-9500
Evansville, IN
812-428-5490
Perrysburg, OH
419-661-8500
Reliance Metalcenter Asia Pacific Pte. Ltd.
Jurong, Singapore
65 6265 1211
Tubular Steel, Inc.
tubularsteel.com
Service Steel Aerospace Corp.
ssa-corp.com
Seattle, WA – Headquarters
253-627-2910
Canton, OH
330-833-5800
Wichita, KS
316-838-7737
St. Louis, MO – Headquarters
314-851-9200
Hazelwood, MO
314-524-6600
Katy, TX
281-371-5200
Lorain, OH
440-960-6100
19
2022 ANNUAL REPORT
Rialto, CA
909-429-6900
Metalcraft Enterprises
A Division of Tubular Steel, Inc.
New Haven, MO
573-237-3016
United Pipe & Steel Corp.
Formerly operating as Merfish United
unitedpipe.com
Viking Materials, Inc.
vikingmaterials.com
Minneapolis, MN – Headquarters
612-617-5800
Franklin Park, IL
847-451-7171
Yarde Metals, Inc.
yarde.com
Ipswich, MA – Headquarters
800-777-7473
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
FastMetals
A Division of Yarde Metals, Inc.
fastmetals.com
Southington, CT
833-327-8685
Rotax Metals Inc.
A Subsidiary of Yarde Metals, Inc.
rotaxmetals.net
Brooklyn, NY
718-272-9800
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
713-869-5731
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
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
20
RELIANCE STEEL & ALUMINUM CO.
A TRIBUTE TO
JIM HOFFMAN
In Pittsburgh, Pennsylvania, it was common for college students to work in steel mills
during summer breaks. Jim’s personal experience from this period formed and fueled a
lifelong commitment to safety. As his career in the metals industry began and progressed
from sales to operations to management at Earle M. Jorgensen Company, he always made
it a point to walk the plant floor to observe working conditions. In executive leadership as
COO and CEO, Jim continued to take safety personally, promoting Reliance’s company-
wide safety program to ensure that we move metal safely. Further, Jim pushed Reliance
to operate with improvement and innovation in mind. Under his leadership, Reliance made
and broke multiple financial and operational records. We thank Jim for his vision, influence,
and achievements, and wish him the best in his retirement.
21
2022 ANNUAL REPORT CORPORATE DIRECTORY
OFFICERS
Karla R. Lewis
President and Chief Executive Officer
Stephen P. Koch
Executive Vice President, Chief Operating Officer
Arthur Ajemyan
Senior Vice President, Chief Financial Officer
Suzanne M. Bonner
Senior Vice President, Chief Information Officer
Jeffrey W. Durham
Senior Vice President, Operations
Michael R. Hynes
Senior Vice President, Operations
Sean M. Mollins
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
Brian M. Yamaguchi
Vice President, Supplier Development
Silva Yeghyayan
Vice President, Tax
DIRECTORS
Mark V. Kaminski (1), (2)
Chairman of the Board
Executive Advisor
Graniterock
Lisa L. Baldwin (1), (2), (4)
Managing Director
Elliott Management Corporation
Karen W. Colonias (1), (2), (3)
Former 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
Senior Advisor to the Chief Executive Officer
Former Chief Executive Officer
Reliance Steel & Aluminum Co.
Karla R. Lewis
President and Chief Executive Officer
Reliance Steel & Aluminum Co.
Robert A. McEvoy (1), (3), (4)
Former Managing Director
The Goldman Sachs Group, Inc.
David W. Seeger (1), (3), (4)
Former President
Zekelman Industries (formerly JMC Steel Group)
Douglas W. Stotlar (1), (3), (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
22
RELIANCE STEEL & ALUMINUM CO.
CORPORATE 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.
PRINCIPAL EXECUTIVE OFFICE
16100 N. 71st Street, Suite 400
Scottsdale, AZ 85254
480-564-5700
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.
16100 N. 71st Street, Suite 400
Scottsdale, AZ 85254
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 closing prices for the Company’s common
stock in 2022 were $213.20 and $149.06.
The following table sets forth the high and low closing
prices of the Company’s common stock for the stated
calendar quarters.
2022
1Q
2Q
3Q
4Q
LOW
HIGH
$195.29 $149.06
$211.43
$163.47
$197.43 $169.02
$213.20 $178.27
STOCKHOLDERS OF RECORD AND DIVIDEND POLICY
As of February 24, 2023, there were 171 holders of record of
our common stock. We have paid quarterly cash dividends
on our common stock for 63 consecutive years. Our Board
of Directors has increased the quarterly dividend rate on a
periodic basis 30 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 2022 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.
16100 N. 71ST STREET, SUITE 400 | SCOTTSDALE, AZ 85254 | 480-564-5700 | RSAC.COM