Launch of 'Letter from America' industry watch service.
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Press Release

Launch of new monthly U.S. steel sector 'Industry-Watch' Service


- FOR IMMEDIATE RELEASE -

Steel industry information portal www.steelonthenet.com launches new monthly U.S. steel sector industry-watch service

London, U.K. January 10, 2005 Steelonthenet.com is pleased to announce the launch of a new US steel sector 'industry-watch' service. Promoted by www.steelonthenet.com as a 'Letter from America' industry report and prepared by the Chicago-based Corey Steel Company, the monthly report will be written from the small and medium-sized enterprise (SME) perspective. It will focus on current North American steel production, consumption and trade issues, on U.S. steelmaking raw material and transport costs, and on the international competitiveness of the U.S. steel sector.

Commenting on the launch of the new service, Corey Steel's VP of Marketing & Sales John W. Kenefick said "We are pleased to be able to communicate the perspectives of the U.S. steel processing sector through the medium of www.steelonthenet.com. As globalization progresses and industry consolidation creates steel giants that are bigger and bigger, so it becomes more and more important for the voice of the SME to be heard".

Added www.steelonthenet.com CEO Andrew M Kotas "We too are delighted to be able to cooperate with Corey Steel in this new initiative. The 'Letter from America' service will keep our visitors from all over the globe in touch with the key issues impacting the U.S. steel industry. These issues will be of as much interest to policymakers concerned with long-term decision-making, as to intermediaries and consumers interested in short-term trends and business opportunities".

- PRESS RELEASE ENDS -

For further information, contact: support@steelonthenet.com
Press enquiries: +44 (0) 775-149-0885

Dr Andrew M Kotas
Steelonthenet.com
http://www.steelonthenet.com


NOTES FOR EDITORS

About Steelonthenet.com
Steelonthenet.com is a global steel industry news, statistics and information portal that also provides clients with sector research, management consulting and other professional services. The site was launched in October 2001, and is owned by UK-based Metals Consulting International Limited.

About Corey Steel
Corey Steel Company is US market leader and innovator in the business of cold finishing bars. Corey has been in the metals manufacturing business for eighty years and cold finishing steel bars for over fifty. Having just completed one of the most comprehensive technical upgrades in the history of cold finishing Corey's bar capabilities now include: cold drawing, turning, centerless grinding, chamfering, magnetic surface testing, burnishing, polishing, saw-cutting, straightening, and ultrasonic testing. With expanded facilities and additional equipment, the Company has over 500,000 square feet of warehouse space devoted to meeting the demands of the 21st century


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