Reliance, Inc.

Reliance operates a network of companies providing diversified metal solutions and is the largest metals service center company in North America (U.S. and Canada) based on revenues, with 2025 net sales of $14.29 billion. The company has been in business for over 85 years, originally organized on February 3, 1939, operating a single metals service center in Los Angeles, California, fabricating steel reinforcing bar. Its common stock has traded on the New York Stock Exchange ("NYSE") for over 30 years under the symbol "RS" since its September 16, 1994 initial public offering. As of December 31, 2025, Reliance operated through approximately 310 locations in 41 U.S. states and 10 foreign countries. The company distributes a full line of over 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and other specialty steel products. Reliance services more than 125,000 customers across various industries such as consumer products, general manufacturing, non-residential construction (including infrastructure and renewable energy), transportation (rail, truck trailer, and shipbuilding), aerospace (commercial, military, defense, and space), energy (oil and natural gas), electronics and semiconductor fabrication, industrial machinery, and heavy industry (agricultural, construction, and mining equipment). The company also services the auto industry, primarily through its toll processing operations where it processes customer-owned metal for a fee.