TORONTO, ONTARIO -

The Company's results for the second quarter of 2008 will be issued by press release on Tuesday, August 5, 2008. An Investor Conference Call will be hosted by Edward M. Siegel, Jr., President and Chief Executive Officer, Brian R. Hedges, Executive Vice President and Chief Operating Officer, and Marion E. Britton, Vice President and Chief Financial Officer, on Wednesday, August 6, 2008 at 9:00 a.m. ET to review the results.

The dial-in telephone numbers for the call are 416-641-6130 (Toronto and International callers) and 1-866-226-1793 (U.S. and Canada). Please dial in 10 minutes prior to the call to ensure that you get a line.

A replay of the call will be available at 416-695-5800 (Toronto and International callers) and 1-800-408-3053 (U.S. and Canada) until midnight, Wednesday, August 13, 2008. You will be required to enter pass code 3264763 in order to access the call.

Contacts: Russel Metals Inc. Sherri Mooser Assistant Secretary (905) 819-7419 Email: info@russelmetals.com Website: www.russelmetals.com

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