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    SEC Form SD filed by Reliance Inc.

    5/19/25 11:24:32 AM ET
    $RS
    Metal Fabrications
    Industrials
    Get the next $RS alert in real time by email
    SD 1 tm2515460d1_sd.htm SD

     

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

    FORM SD

    Specialized Disclosure Report

     

     

     

    RELIANCE, INC.

    (Exact name of registrant as specified in its charter)

     

    Delaware 001-13122 95-1142616
    (State or other jurisdiction of
    incorporation or organization)
    (Commission File Number) (I.R.S. Employer
    Identification No.)

     

    16100 N. 71st Street, Suite 400

    Scottsdale, Arizona 85254

    (Address of principal executive offices)

     

    William A. Smith II

    Senior Vice President, General Counsel and Corporate Secretary

    (480) 564-5700

    (Name and telephone number, including area code, of the person to contact in connection with this report.)

     

    Check the appropriate box to indicate the rule pursuant to which this form is being filed, and provide the period to which the information in this form applies:

     

    xRule 13p-1 under the Securities Exchange Act (17 CFR 240.13p-1) for the reporting period from January 1 to December 31, 2024.

     

     

     

     

     

    Section 1 – Conflict Minerals Disclosure

     

    Item 1.01Conflict Minerals Disclosure and Report

     

    Conflict Minerals Disclosure

     

    This Form SD of Reliance, Inc. (the “Company”) is filed pursuant to Rule 13p-1 promulgated under the Securities Exchange Act of 1934 (the “1934 Act”) for the reporting period January 1, 2024 to December 31, 2024. Rule 13p-1 requires disclosure of certain information when a company manufactures or contracts to manufacture products for which the minerals specified in the Rule are necessary to the functionality or production of those products. The specified minerals are gold, columbite-tantalite (coltan), cassiterite and wolframite, including their derivatives, which are limited to tantalum, tin and tungsten (the “conflict minerals”).

     

    The Company operates a network of companies providing diversified metal solutions that acquires alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium and other specialty steel products from primary metals producers and then processes these materials to meet customers’ specifications. Our primary processing services range from cutting, leveling, or sawing to more complex processes such as machining or electropolishing. Through a network of 320 locations in 41 U.S. states and 10 foreign countries, the Company distributes a full line of over 100,000 metal products to more than 125,000 customers in a variety of industries. Conflict minerals are necessary to the functionality or production of certain products manufactured by the Company or contracted by the Company to be manufactured.

     

    Reasonable Country of Origin Inquiry

     

    The Company has a policy to only purchase product that is DRC conflict free. To confirm the DRC conflict free status of products that the Company manufactured or contracted to manufacture in 2024, the Company conducted in good faith a reasonable country of origin inquiry that was reasonably designed to determine whether any of the conflict minerals contained in such products originated in the Democratic Republic of the Congo (DRC), the Republic of the Congo, the Central African Republic, South Sudan, Uganda, Rwanda, Burundi, Tanzania, Zambia and Angola (collectively, the “Covered Countries”), or are from recycled or scrap sources. The Company communicated individually to all of its suppliers that as a prerequisite to supply products to the Company, including any of its subsidiaries, each supplier must certify that (i) the products provided by the supplier to the Company do not contain conflict minerals; (ii) any conflict minerals contained in the products provided by the supplier to the Company did not originate from any of the Covered Countries and the supplier has implemented procedures to identify and monitor the origin of conflict minerals (other than those from recycled or scrap sources) contained in the products; (iii) conflict minerals contained in the products supplied by the supplier to the Company are from recycled or scrap sources; and/or (iv) any conflict minerals contained in the products supplied by the supplier to the Company were “outside the supply chain” prior to January 31, 2013.

     

    The Company received certifications from all of its significant suppliers. Each certification provided by a supplier was reviewed by an internal conflict minerals working group at the corporate level and, if adequate to support reasonably a DRC conflict free status determination based on the criteria set forth in the instructions to Form SD, the supplier was designated as an approved supplier to the Company. Supplier responses deemed insufficient to support a determination that all of the products supplied to the Company by the supplier are DRC conflict free triggered follow-up discussions with the supplier. In some instances such discussions resulted in a product level certification from the supplier of the DRC conflict free status of certain specified products that the Company then approved for purchase from that supplier. In other instances, the Company ceased purchases from suppliers who were unable to certify the DRC conflict free status of their products to the Company’s satisfaction.

     

     

     

    Based on the reasonable country of origin inquiry described above, the Company, except as noted below, has determined for the year ended December 31, 2024 that conflict minerals that are necessary to the functionality or production of the Company’s products (i) did not originate in any of the Covered Countries; (ii) did come from recycled or scrap sources; and/or (iii) were “outside the supply chain” prior to January 31, 2013. A very small number of suppliers for a limited number of products responded that they did not have sufficient information to make the certification described above. However, based on the responses received, the Company has no reason to believe that any conflict minerals that are necessary to the functionality or production of such products directly or indirectly finance or benefit armed groups in any of the Covered Countries.

     

    The Company’s internal audit team is engaged in a periodic review of compliance with our policy and procedures related to the conflict minerals rule across our businesses.

     

    This Conflict Minerals Disclosure is publicly available on the Company’s Internet website at https://investor.reliance.com/corporate-governance/corporate-governance-documents. The reference to the Company’s website is provided for convenience only, and its contents are not incorporated by reference into this Form SD nor deemed filed with the U.S. Securities and Exchange Commission.

     

    Please refer to Rule 13p-1, Form SD and the 1934 Act Release No. 34-67716 for definitions of the terms used above, unless otherwise defined herein.

     

     

     

    SIGNATURES

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the duly authorized undersigned.

     

      RELIANCE, INC.
       
    Dated: May 16, 2025 By: /s/ William A. Smith II
        William A. Smith II
        Senior Vice President, General Counsel and Corporate Secretary

     

     

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