DOW JONES NEWSWIRES
Reliance Steel & Aluminum Co. (NYSE:RS) (RS) Monday said it has sold the assets and business of the Encore Coils division of its Encore unit to Samuel Son & Co.
Financial terms of the deal weren't disclosed.
Reliance said it will retain the Encore Metals and Team Tube divisions of the Encore Group.
-Aude Lagorce; 415-439-6400; AskNewswires@dowjones.com
Order free Annual Report for Reliance Steel & Alum
Visit http://djnewswires.ar.wilink.com/?link=RS or call 1-888-301-0513
(END) Dow Jones Newswires 01-07-08 0647 Copyright (c) 2008 Dow Jones & Company, Inc.