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February 5, 2002

Maurice S. “Sandy” Nelson Unanimously Nominated as Steel Service Center Institute Chairman; G. Thomas McKane Unanimously Nominated as SSCI Treasurer, and Clifford G. Kane is Nominated as New Director

February 05, 2002

Maurice S. “Sandy” Nelson Unanimously Nominated as Steel Service Center Institute Chairman; G. Thomas McKane Unanimously Nominated as SSCI Treasurer, and Clifford G. Kane is Nominated as New Director

CHICAGO, Illinois, February 5, 2002 – Maurice S. “Sandy” Nelson, Jr., president and chief executive officer of the Earle M. Jorgensen Company of Brea, California, has been unanimously recommended as the next chairman of the Steel Service Center Institute (SSCI) by the organization’s nominating committee.

The committee also recommended G. Thomas McKane, president and chief executive officer of A.M. Castle & Co. of Franklin Park, Illinois, as SSCI’s next treasurer, and Clifford G. Kane, president and chief executive officer of Kane Steel Company of Millville, New Jersey, as a new director and member of the Executive Committee.

Nelson, who also serves as chief operating officer of Jorgensen, will succeed Eugene H. McNichols, president and chief executive officer of McNichols Company of Tampa, Florida, who has been chairman of SSCI since July 1, 2000.  Nelson will assume his new responsibilities on July 1, at the conclusion of McNichols’ term.  McKane succeeds Donald A. Schlatter, chairman of Art Iron, Inc., of Toledo, Ohio, who has been treasurer of SSCI for more than 20 years.  Like Nelson, McKane assumes his new responsibilities as of July 1, as will Kane, a longtime board member of SSCI’s Foundation for Continuing Education.

“The nominating committee was delighted that an individual of Sandy Nelson’s stature and industry experience was available to serve as chairman,” said William M. Hickey, president of Lapham-Hickey Steel Corp. and chairman of the committee. “Gene McNichols has guided us through an extremely difficult period for the industry.  Sandy Nelson will provide the steady hand and firm perspective that we continue to need. We are also delighted to welcome high-performance executives like Tom McKane and Cliff Kane to our senior leadership at this important moment in SSCI’s development.”

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“Sandy Nelson, Tom McKane and Cliff Kane will add significantly to our Board of Directors,” said M. Robert Weidner, III, president of SSCI.  “They are seasoned business leaders who have the experience, judgment and energy we need as we continue our turnaround and accelerate our efforts to become the No. 1 association in the metals industry.”

Nelson was named to lead Jorgensen, the nation’s largest independent metals distributor, in February 1997.  Among many metals industry positions, he has served as president and chief executive officer of Inland Steel Company and president of the Sheet and Plate Division of Aluminum Company of America. He has also held a variety of senior management and operations positions for Alcoa, Consolidated Aluminum Company, and Peerless Wire Company.

Nelson earned an M.S. degree in industrial engineering from the University of Tennessee, and a B.S. in industrial engineering from the Georgia Institute of Technology.  He holds an honorary doctorate fromMarycrest College, and serves as chairman of the Georgia Tech Advisory Board.  Metals Service CenterMagazine named Nelson Executive of the Year for 2001.

McKane was named in May 2000 to his present position as president and chief executive officer of A.M. Castle & Co., which includes Castle Metals, one of North America’s largest metal service centers; Oliver Steel Plate Co., a premier plate processing center; Keystone Tube Company LLC, a specialty tubing distributor; Total Plastics, Inc., a plastics service center, and several joint ventures.

McKane earned an M.B.A. from the Harvard Business School and a B.S. degree in aeronautical engineering from Purdue University.  McKane serves on the advisory council to the School of Aeronauticsand Astronautics at Purdue.

Kane has been president of Kane Steel since 1988 and has served in a variety of positions since joining the family-owned business in 1974.  Kane Steel, founded in 1955, operates service centers with an emphasis on value-added processing in Millville and Pottsville, Pennsylvania.

Kane earned a B.S. degree in finance from the University of Maryland.  He is a former president of SSCI’sPhiladelphia chapter and has served on the education foundation’s board since the mid 1980s.

The Steel Service Center Institute is a trade association that represents the North American metals service center industry and its customers, including about 300,000 manufacturers and fabricators in the U.S.,Canada and Mexico.