Reliance, Inc. (RS) Presents at Jefferies Global Industrials Conference 2026 Transcript

Albert Realini Jefferies LLC, Research Division All right. Good morning, everybody. Welcome to the Jefferies Industrial Conference. My name is Albert Realini. I work on the metals and mining research team here, and I'm joined today by Reliance's CEO, Karla Lewis; and COO, Stephen Koch. And yes, this is going to be a fireside chat. If anybody has any questions, just feel free to raise your hand, and we'll come over and give you over a mic. Question-and-Answer Session Albert Realini Jefferies LLC, Research Division But maybe, Karla, I'll start pretty high level, just maybe the state of demand you guys are seeing for your products. During two quarter earnings, more so on the mill side of things, I think they painted a pretty positive outlook, seeing some green shoots, more so in construction-related end markets, new age kind of construction, data centers, things of that nature. So maybe what you're seeing more on the downstream side of things, service center side of things. Yes, if you could just maybe walk through some of your demand end markets, what has been strong as of late? Karla Lewis President, CEO & Director Great. Yes. Well, we'll dive into that. And first off, thank you all for being here this morning. I'm guessing none of you were at the tennis match last night because you made it into the meeting today, and thanks to Jefferies and Albert for asking Reliance to be here. So as Albert mentioned, we are a metals service center company, so for those of you not familiar, we buy from the major producers, primarily here in the U.S. We're the