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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                                                                                                                                                                                                   OMB APPROVAL
  FORM 4                                                                               Washington, D.C. 20549
                                                                                                                                                                                             OMB Number: 3235-0287
                                                    STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES                                                                               Expires: January 31, 2005
       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                                                                                                                     V.P. and General Counsel
                                                                  10/20/2003
                                                                  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)




Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.                                                                                                              Page 1 of 2
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).                                                                                                                                10/23/2003 4:21:45 PM
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                                                                                                                                       10/20/2003



                                                    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           $25.08    10/20/2003                      A                    3,750                 10/20/2004      10/20/2008      Common                   3,750             0         33,750         D
 acquire                                                                                                                                   Stock
 common
 stock
 Options to           $25.08    10/20/2003                      A                    3,750                 10/20/2005      10/20/2008      Common                   3,750             0        37,500          D
 acquire                                                                                                                                   Stock
 common
 stock
 Options to           $25.08    10/20/2003                      A                    3,750                 10/20/2006      10/20/2008      Common                   3,750             0        41,250          D
 acquire                                                                                                                                   Stock
 common
 stock
 Options to           $25.08    10/20/2003                      A                    3,750                 10/20/2007      10/20/2008      Common                   3,750             0        45,000          D
 acquire                                                                                                                                   Stock
 common
 stock

Explanation of Responses:


                                                                                                                                       By:/s/ Kay Rustand                                      10/22/2003
                                                                                                                                       **Signature of Reporting Person                         Date




**Intentional misstatements or omissions of facts constitute Federal Criminal Violations.                                                                                                                                         Page 2 of 2
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).                                                                                                                                                                                  10/23/2003 4:21:45 PM
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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Rustand_Form_4_10-20-03

  • 1. UNITED STATES SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL FORM 4 Washington, D.C. 20549 OMB Number: 3235-0287 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Expires: January 31, 2005 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 V.P. and General Counsel 10/20/2003 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) Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. Page 1 of 2 * If the form is filed by more than one reporting person, see Instruction 4(b)(v). 10/23/2003 4:21:45 PM 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 10/20/2003 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 $25.08 10/20/2003 A 3,750 10/20/2004 10/20/2008 Common 3,750 0 33,750 D acquire Stock common stock Options to $25.08 10/20/2003 A 3,750 10/20/2005 10/20/2008 Common 3,750 0 37,500 D acquire Stock common stock Options to $25.08 10/20/2003 A 3,750 10/20/2006 10/20/2008 Common 3,750 0 41,250 D acquire Stock common stock Options to $25.08 10/20/2003 A 3,750 10/20/2007 10/20/2008 Common 3,750 0 45,000 D acquire Stock common stock Explanation of Responses: By:/s/ Kay Rustand 10/22/2003 **Signature of Reporting Person Date **Intentional misstatements or omissions of facts constitute Federal Criminal Violations. Page 2 of 2 See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). 10/23/2003 4:21:45 PM 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.