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Reliance acquires Continental Alloys & Services

October 2011 - Reliance Steel & Aluminum Co., Los Angeles, purchased all outstanding capital securities of Continental Alloys & Services Inc., Houston, and certain affiliated companies. Continental is a global materials-management company focused on high-end steel and alloy pipe, tube and bar products, and precision manufacturing of tools designed for well-completion programs. Continental and its affiliates had unaudited, combined net sales of approximately $196 million for the six months ended June 30, 2011.

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