EXHIBIT 5.1
Published on
Exhibit 5.1
OPINION OF DAVIS POLK & WARDWELL
July 17, 2008
Reliance Steel & Aluminum Co.
350 South Grand Avenue, Suite 5100
Los Angeles, CA 90071
350 South Grand Avenue, Suite 5100
Los Angeles, CA 90071
Ladies and Gentlemen:
We have acted as counsel for Reliance Steel & Aluminum Co., a California corporation (the
“Company”), in connection with the Registration Statement on Form S-3 (the “Registration
Statement”) filed by the Company with the Securities and Exchange Commission pursuant to the
Securities Act of 1933, as amended (the “Securities Act”), for the registration of the sale of
shares of common stock, no par value (the “Common Stock”) of the Company;
We, as your counsel, have examined originals or copies, certified or otherwise identified to
our satisfaction, of such documents, corporate records, certificates of public officials and other
instruments as we have deemed necessary or advisable for the purpose of rendering this opinion.
Based upon the foregoing, we are of the opinion that:
When the necessary corporate action on the part of the Company has been taken to authorize
the issuance and sale of such shares of Common Stock proposed to be sold by the Company, and
when such shares of Common Stock are issued and delivered in accordance with the applicable
underwriting agreement against payment therefor, for the consideration approved by the Board of
Directors, such shares of Common Stock will be validly issued, fully-paid and non-assessable.
We are members of the Bars of the States of New York and California and the foregoing opinion
is limited to the laws of the State of California.
We hereby consent to the filing of this opinion as an exhibit to the Registration Statement
referred to above and further consent to the reference to our name under the caption “Legal
Matters” in the prospectus, which is a part of the Registration Statement. In giving this consent,
we do not admit that we are in the category of persons whose consent is required under Section 7 of
the Securities Act.
This opinion is rendered solely to you in connection with the above matter. This opinion may
not be relied upon by you for any other purpose or relied upon by or furnished to any other person
without our prior written consent.
| Very truly yours, | ||||