UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
15F
CERTIFICATION
OF A FOREIGN PRIVATE ISSUER'S TERMINATION OF REGISTRATION OF A CLASS OF
SECURITIES UNDER SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ITS
TERMINATION OF THE DUTY TO FILE REPORTS UNDER SECTION 13(a) OR SECTION 15(d)
OF
THE SECURITIES EXCHANGE ACT OF 1934
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Commission
File Number
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000-22774
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Russel
Metals Inc.
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(Exact
name of registrant as specified in its charter)
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1900
Minnesota Court, Suite 210 Mississauga, Ontario, L5N
3C9
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(Address,
including zip code, and telephone number, including area code, of
registrant's of principal executive offices)
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6.375%
Senior Notes due March 1, 2014
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(Title
of each class of securities covered by this
Form)
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Place
an X in the appropriate box(es)
to indicate the provision(s) relied upon to terminate the duty to file reports
under the Securities Exchange Act of 1934:
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Rule
12h-6(a)
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Rule
12h-6(d)
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(for
equity securities)
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(for
successor registrants)
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Rule
12h-6(c)
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X
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Rule
12h-6(i)
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(for
debt securities)
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(for
prior Form 15 filers)
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PART
I
Item
1. Exchange Act Reporting History
A.
Russel Metals Inc. (the "Company") first incurred the duty to file reports
under
section 15(d) of the Exchange Act on May 20, 1999.
B.
The Company has filed all reports required under Exchange Act section 15(d)
and
corresponding Commission rules for the 12 months preceding the filing of this
form, and has filed at least one annual report under section 13(a).
Item
2. Recent United States Market Activity
The
Company's securities were last sold in the United States in a registered
offering under the Securities Act of 1933 on May 17, 2004.
Item
3. Foreign Listing and Primary Trading
Market
The
class of securities that is the subject of this form is not listed on any
exchange.
Item
4. Comparative Trading Volume Data
This
item is not applicable.
Item
5. Alternative Record Holder
Information
This
item is not applicable.
Item
6. Debt Securities
As
of August 23, 2007, the number of record holders of the Company's debt
securities on a worldwide basis was 170.
Item
7. Notice Requirement
A.
Pursuant to Rule 12h-6(h), the Company disclosed its intent to terminate its
duty to file reports under section 15(d) of the Exchange Act on September 10,
2007.
B.
The Company disseminated the notice in the United States by means of a press
release published/transmitted via Marketwire.
Item
8. Prior Form 15 Filers
This
item is not applicable.
PART
II
Item
9. Rule 12g3-2(b) Exemption
This
item is not applicable.
PART
III
Item
10. Exhibits
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Exhibit
A
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Press
Release pursuant to Rule 12h-6(h), dated September 10,
2007
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Item
11. Undertakings
The
undersigned issuer hereby
undertakes to withdraw this Form 15F if, at any time before the effectiveness
of
its termination of reporting under Rule 12h-6, it has actual knowledge of
information that causes it reasonably to believe that, at the time of filing
the
Form 15F:
(1) The
average daily trading
volume of its subject class of securities in the United States exceeded 5
percent of the average daily trading volume of that class of securities on
a
worldwide basis for the same recent 12-month period that the issuer used for
purposes of Rule 12h-6(a)(4)(i);
(2) Its
subject class of
securities was held of record by 300 or more United States residents or 300
or
more persons worldwide, if proceeding under Rule 12h-6(a)(4)(ii) or Rule
12h-6(c); or
(3) It
otherwise did not qualify
for termination of its Exchange Act reporting obligations under Rule
12h-6.
SIGNATURES
Pursuant
to the requirements of the
Securities Exchange Act of 1934, Russel Metals Inc. has duly authorized the
undersigned person to sign on its behalf this certification on Form 15F. In
so
doing, Russel Metals Inc. certifies that, as represented on this Form, it has
complied with all the conditions set forth in Rule 12h-6 for terminating its
registration under section 12(g) of the Exchange Act, or its duty to file
reports under section 13(a) or section 15(d) of the Exchange Act, or
both.
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Russel
Metals Inc.
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(Registrant)
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Date:
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September
10, 2007
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By:
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/s/
Brian R. Hedges
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Name: Brian
R. Hedges
Title: Executive
Vice President and Chief
Financial
Officer
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EXHIBIT
A
NEWS
FOR
IMMEDIATE RELEASE
RUSSEL
METALS TO TERMINATE ITS REPORTING OBLIGATIONS UNDER THE U.S. SECURITIES EXCHANGE
ACT OF 1934
TORONTO,
CANADA –September 10, 2007 -- Russel Metals Inc. (TSX: RUS) today announced that
it intends to terminate its reporting obligations under section 15(d) of the
Securities Exchange Act of 1934 ("Exchange Act") with respect to its 6.375%
Senior Notes due March 1, 2014.
Pursuant
to the newly-adopted Rule 12h-6 under the Exchange Act, the Securities and
Exchange Commission ("SEC") now permits a foreign private issuer to terminate
its reporting obligations under Section 15(d) of the Exchange Act with respect
to a class of securities. Russel Metals will today file a Form 15F with the
SEC
to terminate its reporting obligations with respect its 6.375% Senior Notes.
The
termination will become effective 90 days after the filing, unless the Form
15F
is earlier withdrawn by the Company or denied by the SEC.
Russel
Metals is one of the largest metals distribution companies in North America.
It
carries on business in three distribution segments: metals service centers,
energy tubular products and steel distributors, under various names including
Russel Metals, A.J. Forsyth, Acier Leroux, Acier Loubier, Acier Richler, Arrow
Steel Processors, B&T Steel, Baldwin International, Comco Pipe and Supply,
Fedmet Tubulars, Leroux Steel, McCabe Steel, Mégantic Métal, Métaux Russel,
Milspec Industries, Pioneer Pipe, Russel Leroux, Russel Metals Williams Bahcall,
Spartan Steel Products, Sunbelt Group, Triumph Tubular & Supply, Wirth Steel
and York-Ennis.
For
further information, contact:
Brian
R. Hedges, C.A.
Executive
Vice President
and
Chief Financial Officer
Russel
Metals Inc.
(905)
819-7401
E-mail:
info@russelmetals.com
Web
site: www.russelmetals.com