Exhibit 99.1

     Reliance Steel & Aluminum Co. to Offer $600 Million of Notes


    LOS ANGELES--(BUSINESS WIRE)--Nov. 13, 2006--Reliance Steel &
Aluminum Co. (NYSE:RS) announced today that it intends to offer,
subject to market and other conditions, notes for an aggregate
principal amount of $600 million. The notes will be unsecured and bear
interest at a fixed rate.

    Reliance intends to use the net proceeds from the offering to
repay outstanding debt under its credit facility, including borrowings
made to fund the repurchase by Earle M. Jorgensen Company of its 9
3/4% senior secured notes due 2012.

    The notes will be offered only to qualified institutional buyers
in reliance on Rule 144A, under the Securities Act of 1933, as
amended, and in offshore transactions pursuant to Regulation S under
the Securities Act. The notes will not be registered under the
Securities Act and may not be offered or sold in the United States
absent registration or an applicable exemption from registration
requirements.

    This press release does not constitute an offer to sell or the
solicitation of an offer to buy securities and shall not constitute an
offer, solicitation or sale in any jurisdiction in which such offer,
solicitation or sale is unlawful. This press release is being issued
pursuant to and in accordance with Rule 135c under the Securities Act
of 1933, as amended.

    Reliance Steel & Aluminum Co., headquartered in Los Angeles,
California, is one of the largest metals service center companies in
the United States. Through a network of more than 160 locations in 37
states and Belgium, Canada, China and South Korea, the Company
provides value-added metals processing services and distributes a full
line of over 90,000 metal products. These products include galvanized,
hot-rolled and cold-finished steel; stainless steel; aluminum; brass;
copper; titanium and alloy steel sold to more than 95,000 customers in
various industries. The Company was named to the 2006 Fortune 100
Fastest Growing Companies List and the Forbes Platinum 400 List of
America's Best Big Companies.

    This release may contain forward-looking statements. Actual
results and facts may differ materially as a result of a variety of
factors, many of which are outside of Reliance Steel & Aluminum Co.'s
control. Risk factors and additional information are included in
Reliance's reports on file with the Securities and Exchange
Commission, including Reliance's Annual Report on Form 10-K for the
year ended December 31, 2005, and its respective Quarterly Reports on
Form 10-Q for the quarters ended March 31, June 30, 2006, and
September 30, 2006.

    CONTACT: Reliance Steel & Aluminum Co.
             Kim P. Feazle
             Investor Relations
             (713) 610-9937
             (213) 576-2428
             kfeazle@rsac.com
             investor@rsac.com