TORONTO, ONTARIO--(CCNMatthews - Dec. 12, 2005) - Russel Metals Inc. (TSX:RUS) -
Mr. Pierre Brunet has notified the Company that he will resign from the Board of Directors of Russel Metals Inc. effective December 31, 2005, due to his increased workload as Chairman of the Caisse de depot et placement du Quebec. Mr. Brunet assumed his role as Chairman of the Caisse de depot et placement du Quebec subsequent to joining the Russel Metals Board of Directors.
Mr. Anthony F. Griffiths, Chairman of the Board, commented, "I would like to personally thank Mr. Brunet for his engaged contribution as a Board member and understand his decision to resign. We wish Mr. Brunet the best in his demanding role as Chairman of the Caisse de depot et placement du Quebec."
The Company also announced that it intends to replace Mr. Brunet on the Board of Directors.
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, Leroux Steel, McCabe Steel, Megantic Metal, Metaux Russel, Milspec Industries, Pioneer Pipe, Russel Leroux, Russel Metals Williams Bahcall, Spartan Steel Products, Sunbelt Group, Triumph Tubular & Supply, Wirth Steel and York-Ennis.
FOR FURTHER INFORMATION PLEASE CONTACT:
Russel Metals Inc.
Brian R. Hedges, C.A.
Executive Vice President and Chief Financial Officer