Reliance Steels for price plunge: can L.A. metals firm keep up growth?

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Reliance Steels for price plunge: can L.A. metals firm keep up growth?

Capitalizing on a global boom in steel prices and its strategy of relentless acquisitions, Reliance Steel & Aluminum Co. has built itself into a powerhouse.

In fact, the Los Angeles company's share price several weeks ago hit an all-time high of $68.41--up from penny-stock status in the mid '90s and less than $10 just four years ago....

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