Russel Metals Inc. (Russel Metals or the Company) is one of the largest metals distribution and processing companies in North America. The Company primarily distributes steel products and conducts its distribution business in three principal business segments: metals service centers; energy products and steel distributors. Metal Service Centers Our metals service centers operations carry an extensive line of metal products in a wide range of sizes, shapes and specifications, including carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel, aluminum and other non-ferrous specialty metals. We purchase these products primarily from North American steel producers, and package and sell them to end users in accordance with their specific needs. Energy Products Our energy products operations carry a specialized product line focused on the needs of energy industry customers. These operations distribute tubes, flanges, valves, fittings, oil country tubular goods ("OCTG") and line pipe through our field stores and OCTG/line pipe operations. We purchase energy products either from manufacturers of flanges, valves and fittings, pipe processing divisions of North American steel mills, independent manufacturers of pipe and pipe accessories, international steel mills or other distributors. Steel Distributors Our steel distributors act as master distributors selling steel in large volumes to other steel service centers and equipment manufacturers mainly on an "as is" basis. The main steel products sourced by this segment are carbon steel plate, flat rolled products, beams, channel and pipe.