Russel Metals participates in various investment and industry activities throughout the year. These include broker sponsored conferences as well as retail investor conferences.

In order to avoid the potential for selective disclosure or even the perception or appearance of selective disclosure, Russel Metals observes a quarterly quiet period, during which meetings or telephone contact with analysts and investors is minimal. No earnings guidance is provided during the quiet period. The quiet period commences on the last day of a quarter and ends with the issuance of a news release disclosing quarterly or annual results.

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