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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)
 Richard J. Slater                                               Reliance Steel & Aluminum Co. [RS]                                      _X_ Director                     ___ 10% Owner
 1235 Hillcrest Avenue                                                                                                                   ___ Officer (give title below) ___ Other (specify below)
                                                                 3. Date of Earliest Transaction Required to be Reported
 Pasadena CA 91106
                                                                 (Month/Day/Year)
                                                                 05/16/2007
                                                                 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                                                                                                                                                  500        D




Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.                                                                                                              Page 1 of 2
                                                                                                                                                                                                                  5/18/2007 10:41:57 AM
* 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
 Richard J. Slater                                                                                                                                           Reliance Steel & Aluminum Co. [RS]
 1235 Hillcrest Avenue
 Pasadena CA 91106                                                                                                                                           Period Of Report
                                                                                                                                                             05/16/2007



                                                   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           $61.33   05/16/2007                      A                     6,000                 05/16/2008      05/16/2017      Common                   6,000            $0         12,000         D
 Acquire                                                                                                                                   Stock
 Common
 Stock

Explanation of Responses:


                                                                                                                                       By: Richard J. Slater by Kay Rustand as his             5/17/2007
                                                                                                                                       Attorney-in-Fact                                        Date
                                                                                                                                       **Signature of Reporting Person




**Intentional misstatements or omissions of facts constitute Federal Criminal Violations.                                                                                                                                         Page 2 of 2
                                                                                                                                                                                                                           5/18/2007 10:41:57 AM
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 Slater_Form_4_07_05_16

  • 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) Richard J. Slater Reliance Steel & Aluminum Co. [RS] _X_ Director ___ 10% Owner 1235 Hillcrest Avenue ___ Officer (give title below) ___ Other (specify below) 3. Date of Earliest Transaction Required to be Reported Pasadena CA 91106 (Month/Day/Year) 05/16/2007 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 500 D Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Page 1 of 2 5/18/2007 10:41:57 AM * 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 Richard J. Slater Reliance Steel & Aluminum Co. [RS] 1235 Hillcrest Avenue Pasadena CA 91106 Period Of Report 05/16/2007 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 $61.33 05/16/2007 A 6,000 05/16/2008 05/16/2017 Common 6,000 $0 12,000 D Acquire Stock Common Stock Explanation of Responses: By: Richard J. Slater by Kay Rustand as his 5/17/2007 Attorney-in-Fact Date **Signature of Reporting Person **Intentional misstatements or omissions of facts constitute Federal Criminal Violations. Page 2 of 2 5/18/2007 10:41:57 AM 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.