March 9 (Reuters) - Russel Metals Inc RUS.TO :
* RUSSEL METALS ANNOUNCES $150 MILLION OFFERING OF SENIOR UNSECURED NOTES
* RUSSEL METALS INC - PRIVATE PLACEMENT OFFERING OF $150 MILLION 6% SENIOR UNSECURED NOTES DUE 2026
* RUSSEL METALS INC - INTENDS TO USE NET PROCEEDS OF OFFERING FOR REPAYMENT OF BANK INDEBTEDNESS