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UNITED STATES SECURITIES AND EXCHANGE COMMISSION                                                                               OMB APPROVAL
  FORM 4                                                                              Washington, D.C. 20549
                                                                                                                                                                                              OMB Number: 3235-0287
                                                                                                                                                                                              Expires: January 31, 2008
                                                    STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
       Check this box if no longer                                                                                                                                                            Estimated average burden
       subject to Section 16. Form 4 or
                                                                                                                                                                                              hours per response.......0.5
       Form 5 obligations may continue.
                                                     Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility
       See Instruction 1(b).
                                                            Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940


 1. Name and Address of Reporting Person*                        2. Issuer Name and Ticker or Trading Symbol                       5. Relationship of Reporting Person(s) to Issuer (check all applicable)
 Kay Rustand                                                     Reliance Steel & Aluminum Co. [RS]                                      ___ Director                    ___ 10% Owner
 350 S. Grand Ave.                                                                                                                       _X_ Officer (give title below) ___ Other (specify below)
                                                                 3. Date of Earliest Transaction Required to be Reported
 Suite 5100
                                                                 (Month/Day/Year)
 Los Angeles CA 90071                                                                                                                    VP & General Counsel
                                                                 03/02/2007
                                                                 4. If amendment, Date Original Filed (Month/Day/Year)             6. Individual or Joint/Group Filing (Check Applicable Line)
                                                                                                                                          _X_ Form filed by One Reporting Person
                                                                                                                                          ___ Form filed by More Than One Reporting Person
                                              Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
 1. Title of Security                 2.              2A. Deemed      3. Transaction        4. Securities Acquired (A) or Disposed of (D)     5. Amount of            6.              7. Nature of Indirect Beneficial
 (Instr. 3)                           Transaction     Execution       Code                  (Instr. 3, 4, & 5)                                Securities              Ownership       Ownership
                                      Date            Date, if any    (Instr. 8)                                                              Beneficially            Form:           (Instr. 4)
                                      (mm/dd/yy)      (mm/dd/yy)                                                                              Owned Following         Direct (D)
                                                                                            Amount                         Price
                                                                                                                  (A)                         Reported                or Indirect (I)
                                                                        Code           V                           or                         Transaction(s)          (Instr. 4)
                                                                                                                  (D)                         (Instr. 3, & 4)
 Common Stock                                                                                                                                                 8,014        D
 Common Stock                                                                                                                                                   618        I          Held by Trustee of Reliance Steel &
                                                                                                                                                                                      Aluminum Co. ESOP
 Common Stock                                                                                                                                                  624          I         Held by Trustee of Reliance Steel &
                                                                                                                                                                                      Aluminum Co. 401(k) Plan
 Common Stock                                                                                                                                                1,800          I         Held by Trustee of pension and profit
                                                                                                                                                                                      sharing plan




Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.                                                                                                               Page 1 of 2
                                                                                                                                                                                                                     3/6/2007 3:04:21 PM
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Form 4 (cont.)
 Name and Address of Reporting Person                                                                                                                       Issuer Name and Ticker or Trading Symbol
 Kay Rustand                                                                                                                                                Reliance Steel & Aluminum Co. [RS]
 350 S. Grand Ave.
 Suite 5100                                                                                                                                                 Period Of Report
 Los Angeles CA 90071                                                                                                                                       03/02/2007



                                                   Table II -Derivative Securities Acquired, Disposed of, or Beneficially Owned
                                                             (e.g., puts, calls, warrants, options, convertible securities)
 1. Title of    2. Con-        3. Trans-      3A. Deemed     4. Trans-        5. No. of Derivative         6. Date Exercisable and         7. Title and Amount of           8. Price of 9. No. of        10.               11. Nature
 Derivative     version or     action Date    Execution      action           Securities Acquired (A) or   Expiration Date                 Underlying Securities            Derivative  Derivative       Ownership         of Indirect
 Security       Exercise       (mm/dd/yy)     Date, if any   Code             Disposed of (D)              (mm/dd/yy)                      (Instr. 3 & 4)                   Security    Securities       Form of           Beneficial
 (Instr. 3)     Price of                      (mm/dd/yy)     (Instr. 8)       (Instr. 3, 4, & 5)                                                                            (Instr. 5)  Beneficially     Derivative        Ownership
                Derivative                                                                                                                                                              Owned            Securities:       (Instr. 4)
                Security                                                                                                                                                                Following        Direct (D)
                                                                                                           Date Exer-     Expiration       Title          Amount or
                                                                                                                                                                                        Reported         or Indirect (I)
                                                                                                           cisable        Date                            Number of
                                                                                                                                                                                        Trans-           (Instr. 4)
                                                                                                                                                          Shares
                                                             Code         V       (A)             (D)                                                                                   action(s)
                                                                                                                                                                                        (Instr. 3, &
                                                                                                                                                                                        4)
 Options to           $44.86   03/02/2007                      A                     2,500                 03/02/2008      03/02/2014      Common                   2,500            $0         82,500         D
 Acquire                                                                                                                                   Stock
 Common
 Stock
 Options to           $44.86   03/02/2007                      A                     2,500                 03/02/2009      03/02/2014      Common                   2,500            $0        85,000          D
 Acquire                                                                                                                                   Stock
 Common
 Stock
 Options to           $44.86   03/02/2007                      A                     2,500                 03/02/2010      03/02/2014      Common                   2,500            $0        87,500          D
 Acquire                                                                                                                                   Stock
 Common
 Stock
 Options to           $44.86   03/02/2007                      A                     2,500                 03/02/2011      03/02/2014      Common                   2,500            $0        90,000          D
 Acquire                                                                                                                                   Stock
 Common
 Stock

Explanation of Responses:


                                                                                                                                       By: Kay Rustand                                         3/6/2007
                                                                                                                                       **Signature of Reporting Person                         Date




**Intentional misstatements or omissions of facts constitute Federal Criminal Violations.                                                                                                                                       Page 2 of 2
                                                                                                                                                                                                                           3/6/2007 3:04:21 PM
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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reliance steel & aluminum Rustand_Form_4_3_2_07

  • 1. UNITED STATES SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL FORM 4 Washington, D.C. 20549 OMB Number: 3235-0287 Expires: January 31, 2008 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Check this box if no longer Estimated average burden subject to Section 16. Form 4 or hours per response.......0.5 Form 5 obligations may continue. Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility See Instruction 1(b). Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 5. Relationship of Reporting Person(s) to Issuer (check all applicable) Kay Rustand Reliance Steel & Aluminum Co. [RS] ___ Director ___ 10% Owner 350 S. Grand Ave. _X_ Officer (give title below) ___ Other (specify below) 3. Date of Earliest Transaction Required to be Reported Suite 5100 (Month/Day/Year) Los Angeles CA 90071 VP & General Counsel 03/02/2007 4. If amendment, Date Original Filed (Month/Day/Year) 6. Individual or Joint/Group Filing (Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More Than One Reporting Person Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1. Title of Security 2. 2A. Deemed 3. Transaction 4. Securities Acquired (A) or Disposed of (D) 5. Amount of 6. 7. Nature of Indirect Beneficial (Instr. 3) Transaction Execution Code (Instr. 3, 4, & 5) Securities Ownership Ownership Date Date, if any (Instr. 8) Beneficially Form: (Instr. 4) (mm/dd/yy) (mm/dd/yy) Owned Following Direct (D) Amount Price (A) Reported or Indirect (I) Code V or Transaction(s) (Instr. 4) (D) (Instr. 3, & 4) Common Stock 8,014 D Common Stock 618 I Held by Trustee of Reliance Steel & Aluminum Co. ESOP Common Stock 624 I Held by Trustee of Reliance Steel & Aluminum Co. 401(k) Plan Common Stock 1,800 I Held by Trustee of pension and profit sharing plan Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Page 1 of 2 3/6/2007 3:04:21 PM * If the form is filed by more than one reporting person, see Instruction 4(b)(v). Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
  • 2. Form 4 (cont.) Name and Address of Reporting Person Issuer Name and Ticker or Trading Symbol Kay Rustand Reliance Steel & Aluminum Co. [RS] 350 S. Grand Ave. Suite 5100 Period Of Report Los Angeles CA 90071 03/02/2007 Table II -Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of 2. Con- 3. Trans- 3A. Deemed 4. Trans- 5. No. of Derivative 6. Date Exercisable and 7. Title and Amount of 8. Price of 9. No. of 10. 11. Nature Derivative version or action Date Execution action Securities Acquired (A) or Expiration Date Underlying Securities Derivative Derivative Ownership of Indirect Security Exercise (mm/dd/yy) Date, if any Code Disposed of (D) (mm/dd/yy) (Instr. 3 & 4) Security Securities Form of Beneficial (Instr. 3) Price of (mm/dd/yy) (Instr. 8) (Instr. 3, 4, & 5) (Instr. 5) Beneficially Derivative Ownership Derivative Owned Securities: (Instr. 4) Security Following Direct (D) Date Exer- Expiration Title Amount or Reported or Indirect (I) cisable Date Number of Trans- (Instr. 4) Shares Code V (A) (D) action(s) (Instr. 3, & 4) Options to $44.86 03/02/2007 A 2,500 03/02/2008 03/02/2014 Common 2,500 $0 82,500 D Acquire Stock Common Stock Options to $44.86 03/02/2007 A 2,500 03/02/2009 03/02/2014 Common 2,500 $0 85,000 D Acquire Stock Common Stock Options to $44.86 03/02/2007 A 2,500 03/02/2010 03/02/2014 Common 2,500 $0 87,500 D Acquire Stock Common Stock Options to $44.86 03/02/2007 A 2,500 03/02/2011 03/02/2014 Common 2,500 $0 90,000 D Acquire Stock Common Stock Explanation of Responses: By: Kay Rustand 3/6/2007 **Signature of Reporting Person Date **Intentional misstatements or omissions of facts constitute Federal Criminal Violations. Page 2 of 2 3/6/2007 3:04:21 PM See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.