Reliance Steel & Aluminum Co. has recently acquired all of the capital stock of Alaska Steel Company, a full-line metal distributor headquartered in Anchorage, Alaska. Founded in 1982, Alaska Steel boasts the largest on-hand inventory in Alaska and offers both same day and next day delivery from its three facilities in Anchorage, Fairbanks and Kenai. The Company provides steel, aluminum, stainless and specialty metals and related processing services including shearing, sawing, plasma and flame cutting to a variety of customers in diverse industries throughout Alaska including infrastructure, energy and mining. The Company will operate as a wholly-owned subsidiary of Reliance’s American Metals Corporation subsidiary and current management will remain in place.
“Alaska Steel represents Reliance’s entry into the important and significant Alaska market and furthers our geographic, customer and product diversification,” commented Gregg Mollins, President and Chief Executive Officer of Reliance. “Alaska Steel has a well established reputation in Alaska and is known as the reliable provider for quick, on-time delivery of quality products and services. We are very pleased to have Alaska Steel join the Reliance family of companies.”
