START UP OF THE NUMBER 4 SENDZIMIR MILL IN NORTH AMERICAN STAINLESS

On Tuesday, March 7, 2006, one month ahead of schedule, North American Stainless rolled the first coil on its new number four Sendzimir Mill. This mill was supplied by Sejal (Sendzimir Japan) and has similar characteristics to the third mill started up by NAS in February, 2004.

On Tuesday, March 7, 2006, one month ahead of schedule, North American Stainless rolled the first coil on its new number four Sendzimir Mill. This mill was supplied by Sejal (Sendzimir Japan) and has similar characteristics to the third mill started up by NAS in February, 2004.

This mill will increase annual cold rolled production of North American Stainless by 100,000 tons to 624,000 and will manufacture higher value added products.