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September 23, 2004

MSCI 2004 Recruiting Campaign Total Now 41 New, Rejoined Members

September 23, 2004

MSCI 2004 Recruiting Campaign Total Now 41 New, Rejoined Members

CHICAGO, September 23, 2004 – Another 13 companies have newly joined or rejoined the Metals Service Center Institute, bringing to 41 the number of additional members now part of the trade association since a recruiting campaign began this year.

New and rejoined members since May include eight Active service center companies, three Associate, or metals producing companies, one Affiliate member, and one International Associate member.

“We are delighted to welcome these companies as members of MSCI,” said Bill Jones, president and chief executive officer of O’Neal Steel and the MSCI vice chairman who leads the recruiting drive. “As MSCI grows, our ability to offer an expanding array of outstanding programs and services also grows, as does our voice in public policy.”

Bob Weidner, MSCI’s president and chief executive officer, said 2004 enhancements include:

·         The new People, Productivity and Profitablity Conference, an event for metals industry human resources executives as well as the senior leadership of smaller companies that lack a large HR infrastructure, scheduled for November 29-30 at Washington University, St. Louis

·         The January/February 2005 launch of Forward magazine, a thought leadership publication for metals producers, fabricators, service centers and others in the metals value chain

·         MSCI’s new executive education relationship with the Olin School of Business at WashingtonUniversity

“We offer our members products and services that we know will help make them more profitable, more effective in the marketplace, and better advocates for policies that support North American manufacturing,” Weidner said. “We appreciate the confidence that our new members have shown in these initiatives.”

New or rejoined Active members include:

Angeles Steel Services, Santa Fe Springs, California, key contact Faruk Zia

Arbor Metals, L.P., Dallas, Texas, William T. Sultzbaugh

Jemison-Demsey, LLC, Bessemer, Alabama, Peter Heinke

Saginaw Pipe Company, Saginaw, Alabama, Ray Rodriguez

Service Center Metals, Prince George, Virginia, Randolph Weiss

SG Steel Services, Pompano Beach, Florida, Sam A. Graffeo, Jr.

SteelSummit Holdings, Rosemont, Illinois, Naoki Hidaka

Titan Steel Corporation, Baltimore, Maryland, Peter Reid

New or rejoined Associate members include:

Electralloy, Oil City, Pennsylvania, Wayne W. Weaver

Hamilton Specialty Bar Corporation, Hamilton, Ontario, D. Scott Fowler

Sierra Aluminum Company, Riverside, California, Scott Ciley

New Affiliate Member:

UBS, New York, Timna Tanners

New International Active member:

            Baosteel America, Inc., New York, Jing Wang

Founded in 1907, the Metals Service Center Institute has more than 375 members operating from about 1,200 locations in the U.S., Canada, Mexico, and elsewhere around the world. Together, MSCI members constitute the largest single group of metals purchasers in North America, amounting each year to more than 75 million tons of steel, aluminum, and other metals, with about 300,000 manufacturers and fabricators as customers. Metals service centers distribute metals and provide first-stage fabrication services.