ROANOKE ELECTRIC STEEL CORPORATION

Roanoke Electric Steel Corporation and its wholly-owned subsidiaries are engaged in the manufacturing, fabricating, scrap processing, and marketing of merchant steel products, billets, industrial truck sections, truck trailer crossmembers, manufactured housing beams, open-web steel joists and reinforcing bars. Each subsidiary is either a supplier to the parent company or a purchaser of its finished product. The Main Plant of Roanoke Electric Steel Corporation is a state-of-the-art steel mini-... mill located in Roanoke, Virginia. This facility melts scrap steel in electric furnaces and continuously casts the molten steel into billets. These billets are rolled into merchant steel products consisting of angles, plain rounds, flats and channels. Excess steel billet production is sold to mills without melting facilities. Roanoke Electric Steel Corporation markets its products to steel service centers, fabricators and original equipment manufacturers.

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