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May 5, 2008

MSCI Adds Seven New Directors to Replace Retirees

May 05, 2008

MSCI Adds Seven New Directors to Replace Retirees

ROLLING MEADOWS, Illinois, May 5, 2008 – Seven metals industry leaders have been elected directors of the Metals Service Center Institute (MSCI), replacing seven directors who have retired from the board.

“The directors who are leaving our board have all served with great distinction, and we thank them for their service to the institute and the industry,” said Norman E. Gottschalk, Jr., MSCI’s chairman and president of Marmon/Keystone Corporation. “We are honored that these seven seasoned business executives have agreed to join the board,” said M. Robert Weidner, III, president and chief executive officer of MSCI. “One of our greatest assets is our board, and we are fortunate to have the counsel and experience of these industry leaders as we forge into our next century.”

The new directors include:

  • C. Lourenco Goncalves, chairman, president and CEO, Metals USA Holdings Corp., Houston, Texas, who is a director at large
  • Brian R. Hedges, chief operating officer, Russel Metals, Inc., Mississauga, Ontario, Canada, who also is a director at large
  • James D. Hoffman, chief operating officer, the Earle M. Jorgensen Co., Schaumburg, Illinois, also a national chapter director
  • Steven F. Ambrose, director, sales – wide flange beams, Gerdau Ameristeel Corporation, Midlothian, Texas, representing the Plates and Shapes Product Division
  • Ladd R. Hall, executive vice president, flat rolled products, Nucor Corporation, Charlotte, North Carolina, an associate director
  • David Britten, senior vice president, steel, IPSCO, Inc., Lisle, Illinois, an associate director
  • Barry Zekelman, president and chief executive officer, John Maneely Company, Beachwood, Ohio

Retiring as directors are:

  • Joseph Alvarado, president and chief operating officer – tubular, United States Steel Corporation, Dallas, Texas
  • William J. Bresnahan, president, Hynes Steel Products Company, Youngstown, Ohio
  • Jay M. Gratz, former executive vice president and chief financial officer, Ryerson, Inc., Chicago
  • Derek A. Halecky, president, PDM Steel Service Centers, Inc., Stockton, California
  • Clifford G. Kane, president and chief executive officer, Kane Steel Company, Millville, New Jersey
  • Michael Parrish, executive vice president, bar products, Nucor Corporation, Charlotte, North Carolina
  • John Tulloch, president and chief executive officer, IPSCO, Inc., Lisle, Illinois

Founded in 1909, the Metals Service Center Institute has more than 400 members operating from about 1,200 locations in the U.S., Canada, Mexico, and elsewhere in the world. Together, MSCI members constitute the largest single group of metals purchasers in North America, amounting each year to more than 65 million tons of steel, aluminum, and other metals, with about 300,000 manufacturers and fabricators as customers. MSCI’s membership also includes almost all ferrous and non-ferrous industrial metals producers in North America. Metals service centers inventory and distribute metals and provide first-stage fabrication services.

Contacts:

Jon Kalkwarf, vice president, administration (847) 485-3007 or 773-835-6108

jkalkwarf@msci.org

Steve Weiner, Readmore Communications, (847) 485-3011 or 503-646-9108

sweiner@msci.org