Russel Metals Inc.

Russel Metals Inc.

May 12, 2008 14:47 ET

Russel Metals Declares Common Share Dividend

TORONTO, ONTARIO--(Marketwire - May 12, 2008) - Russel Metals Inc. (TSX:RUS) announced today that it has declared a dividend in the amount of Cdn $0.45 per share on its common shares, payable on June 15, 2008 to shareholders of record at the close of business on June 2, 2008.

The TSX will set the ex-dividend date.

Russel Metals is one of the largest metals distribution companies in North America. It carries on business in three metals distribution segments: metals service centers, energy tubular products and steel distributors, under various names including Russel Metals, A.J. Forsyth, Acier Leroux, Acier Loubier, Acier Richler, Arrow Steel Processors, B&T Steel, Baldwin International, Comco Pipe and Supply, Fedmet Tubulars, JMS Russel Metals, Leroux Steel, McCabe Steel, Megantic Metal, Metaux Russel, Metaux Russel Produits Specialises, Milspec Industries, Pioneer Pipe, Russel Metals Specialty Products, Russel Metals Williams Bahcall, Spartan Steel Products, Sunbelt Group, Triumph Tubular & Supply, Wirth Steel and York-Ennis.

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