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Reliance Steel irons out its difficulties from the downturn
Reliance Steel irons out its difficulties from the downturn

You've probably never heard of Reliance Steel & Aluminum Co. And that's a little bit frustrating to David Hannah, who has guided the Los Angeles company to staggering growth since he was named its chief executive 14 years ago. "It seems in Southern California if you aren't in media or entertainment, you don't get noticed," he said. Reliance's business model isn't exactly sexy. The metal service center company buys bulk metal from steel mills, processes it and sells it to machine shops and other businesses. It has some big-name customers, including Boeing Co., Airbus, Caterpillar Inc., Deere & Co., American Honda Motor Co.. But the...

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