3rd Annual "Steel Summit" Conference, October 8, 2012 Rosemont, IL

Steel Summit Program

We will open our 3rd Annual Steel Summit Conference with an expanded look on a macro-economic basis the economy as a whole, and then we will take a look at the steel industry in particular through a steel analyst and economist’s viewpoint.

• Zbyszko Tabernacki, CFA, Vice President, Country and Industry Research and Forecasting at IHS
  Mr. Tabernacki will provide a macro-economist view of the world and the U.S. economies
• Timna Tanners, Steel and Materials Analyst, Bank of America Merrill Lynch Research
  Ms. Tanners, just selected the top metals and mining analyst by Greenwich Associates, will provide her view of the steel industry and 2013 forecast
• John Anton, Manager, IHS Global Insight's Steel Service
  Mr. Anton will provide an economist's view of the North American steel industry and various critical market segments as well as his forecast for 2013

Our program continues as we focus in on Volatility and its Impact on the Steel Industry.

• We are specifically looking at how volatility has impacted imports & importers through the eyes of David Phelps, President of the American Institute for International Steel (AIIS).
• We will have two speakers who will discuss how the shifting economy has affected steel supply – one of our contributing writers – Paul Lowrey, General Director of Steel Research Associates will discuss supply and demand issues related to volatility.
• Jerry Nelson, General Manager, Commercial for RG Steel will discuss how volatility impacted the very existence of the mill.
• We will also investigate how scrap and scrap prices have been impacted with Rich Brady, Vice President of OmniSource.
• Aldo Mazzaferro, Steel Analyst for Macquarie Securities will discuss the impact of volatility in Europe and China on the North American markets.

In the 3^rd Segment of this year’s Steel Summit program we are taking a look at the Changing Face of the Steel Service Center Industry through the eyes of three service centers.

• Jeremy Flack, President of Flack Steel discusses how volatility in the steel markets has presented an opportunity for a new way to sell steel and control volatility.
• Aviva Leebow, Vice President for Pacesetter Steel Service Inc. will discuss the service center industry and the ongoing changes and challenges as their company looks to grow and prosper.
• Russ Delaney, President of the Flat Rolled Group for Kloeckner Metals will discuss the merger of Macsteel & Namasco and the issues they face as a national service center in 2013 and beyond.

The final segment in our program is dedicated to the North American steel mills as they provide their view of the changes on-going within the industry and how the domestic mills will survive and prosper as they move into 2013 and beyond.

• Bob Holt, Executive Vice President, Commercial for ThyssenKrupp Steel USA will speak to the opportunities and challenges affecting their mill in Calvert, Alabama and their sister company CSA in Brazil.
• Greg Goad, General Manager, Commercial representing Severstal North America will discuss how the company has rebranded the Dearborn and Columbus steel mills and their vision for 2013 and beyond.
• Akhil Dutta, Regional Sales Director, U.S. Sales, representing Essar Steel Algoma Inc. will add their perspective to where they see their company and the markets heading as we move into 2013 and beyond.

As in past years, Steel Market Update will host a networking/cocktail party at the end of the program to provide an opportunity for those in attendance to introduce themselves, ask specific questions or just enjoy the company of others within the industry.

This year we are adding a free “Pre-Summit” booth program and workshop for those interested in learning more about the Hot Rolled Futures, Options and Swaps markets and how to Manage Price Risk within your company or on the behalf of your customers. This free “Pre-Summit” program will have participation from various members of the brokerage and financial community who will make themselves available to answer questions and to present a short program for those wanting to get exposed to the subject matter without having to attend a full day program. (Sponsored by the CME Group)

We believe this conference will benefit anyone associated with the steel industry - buyer, seller or end user. Our conference will provide an excellent opportunity to not only learn more about the steel, construction and related industries and the economic factors impacting the marketplace - but you will be able to network with companies from around North America in similar industries and having similar interests.

The conference program will start with a free pre-program and then continue with Four Main Sections:

Economic & Steel Forecast

Speakers are:

• Zbyszko Tabernacki, CFA, Vice President, Country and Industry Research and Forecasting at IHS Global Insight
• Timna Tanners, Steel and Materials Analyst, Bank of America Merrill Lynch Research
• John Anton, Manager Steel Services, IHS Global Insight

Section 2: Volatility & Its Impact on the Steel Industry

Speakers are:

• David Phelps – President, American Institute for International Steel (AIIS)
• Paul Lowrey, Managing Director, Steel Research Associates
• Jerry Nelson, General Manager, Commercial, RG Steel
• Rich Brady, OmniSource, Executive Vice President, Ferrous Group, OmniSource
• Aldo Mazzaferro, Analyst, Macquarie Securities

Section 3: The Changing Face of the Service Center Industry

Speakers are:

• Jeremy Flack, President & CEO, Flack Steel
• Aviva Leebow, Vice President, Pacesetter Steel Service Inc.
• Russ Delaney, President Flat Rolled, Kloeckner Metals

Section 4: Mill View of the Changing Industry & How they Will Survive & Prosper Moving into 2013 & Beyond

Speakers are:

• Bob Holt, Senior Vice President, Commercial, ThyssenKrupp Steel USA
• Greg Goad, General Manager, Commercial, Severstal NA
• Akhil Dutta, Regional Sales Director, U.S. Sales, Essar Steel Algoma Inc.
• One more mill to be added