Ferrous Processing & Trading Co. Yard Operations

1. Ferrous Processing & Trading Co. Yard Operations Ferrous Processing & Trading Co. Scrap Metal Recycling 313-567-9710 www.fptscrap.com

2. Ferrous Processing and Trading Yard Operations Overview Facilities Highlights Locations Pontiac, MI Flint, MI Warren, MI • One of the leading processors of scrap east of the Mississippi River • Facilities are strategically located in close proximity to customers and suppliers • Variety and depth of equipment and machinery enables FPT to efficiently serve its customers’ and suppliers’ buying and processing needs • All facilities operate under the ISO 9001 standard Detroit, MI Windsor, ON Willoughby, OH Taylor, MI Cleveland, OH Canton, OH Facilities Overview Locations: • 20 facilities collecting, processing and transporting scrap in the Midwest and Southeast Decherd, TN Smyrna, TN Annualized Sales Volume • 2.6 million GT of Ferrous • 262 million lbs. of Non-ferrous Canton, MS • 491 Employees Number of Employees1 Total Property Size • 317 acres Fort Myers, FL Miami, FL Note: As of September 2011 1 Excludes FPT Corporate, Parts Galore and Premier Steel Ferrous Processing & Trading Co. Scrap Metal Recycling 313-567-9710 www.fptscrap.com

3. Operations Administrative Dispatch & Transportation Services Engineering Purchasing & Sales Ferrous Processing and Trading Michigan/Ontario Region — Overview Facilities Highlights Locations • Supplier relationships with the big three auto manufacturers • Operates one of two ferrous hot briquetting facilities in North America • Operates four of five shredders in the Detroit Market • Non-ferrous separation system installed at John Kronk facility • Planned installation at Pontiac facility by November 2011 • SLC Recycling Industries, located in Warren, MI is the first non-ferrous facility to integrate a high-capacity shredder, an optical sorter, and dry system separators with sand flotation Flint, MI Pontiac, MI Warren, MI Detroit, MI Windsor, ON Taylor, MI Facilities Overview Employees by Function Locations • 14 facilities collecting, processing and transporting scrap in the Detroit, MI and Southwest Ontario, Canada area 321 Employees1 Equipment Two shredders, two shears, eight ferrous balers, 11 non-ferrous balers and 14 auto flatteners/loggers • 1.8 million GT of Ferrous • 148 million lbs. of Non-ferrous Ferrous and Non-ferrous Capacity Total Property Size • 237 acres Note: As of September 2011 1 Excludes FPT Corporate, Parts Galore and Premier Steel Ferrous Processing & Trading Co. Scrap Metal Recycling 313-567-9710 www.fptscrap.com

4. Operations Administrative Dispatch & Transportation Services Engineering Purchasing & Sales Ferrous Processing and Trading Ohio Region — Overview Facilities Highlights Locations Willoughby, OH • Acquisitions M. Weingold (2007) and All World Recycling (2008) have significantly expanded Ohio presence • Only shredder in the Cleveland Market • Cleveland facility is one of FPT’s primary non-ferrous scrap metal facilities • Expansion opportunities include: • Adding feeder yards • Implementing a non-ferrous separation system at Cleveland facility • Superior rail system capabilities Cleveland, OH Canton, OH Facilities Overview Employees by Function Locations • Four facilities collecting and transporting scrap in the Cleveland, Ohio area 121 Employees Equipment • One shredder, two ferrous balers, four non-ferrous balers and three auto flatteners/loggers • 800,000 GT of Ferrous • 90 million lbs. of Non-ferrous Ferrous and Non-ferrous Capacity Total Property Size • 64 acres Note: As of September 2011 Ferrous Processing & Trading Co. Scrap Metal Recycling 313-567-9710 www.fptscrap.com

5. Operations Administrative Dispatch & Transportation Services Engineering Purchasing & Sales Ferrous Processing and Trading Southern Region —Overview Facilities Highlights Locations Smyrna, TN Decherd, TN • Integrated sea container shipping operations allow the Company to export scrap materials to international brokers • Operate only shredder in the Miami market • In June 2009 FPT began partial shutdown of Miami facility • Imposed by the city of Miami in order to extend Miami Intermodal Metrorail over property • Disruption to Miami facility to be concluded by January 2012 • FPT received $9.5 million from the city of Miami in compensation for disrupted operations and amortized in FY2010, FY2011 and FY2012 • Management plans to implement non-ferrous separation system by January 2012 • Potential feeder yard expansion opportunities • FPT developed strong relationship with Nissan through partnership at Smyrna, TN plant Canton, MS Fort Myers, FL Miami, FL Facilities Overview Employees by Function Locations • Two facilities collecting, processing and transporting scrap in the Miami, Ft. Myers areas, and Nissan Manufacturing Facilities 50 Employees • One shredder, one ferrous baler and two auto flatteners/loggers Equipment • 249,000 GT of Ferrous • 4 million lbs. of Non-ferrous Ferrous and Non-ferrous Capacity Total Property Size • 16 acres Note: As of September 2011 Ferrous Processing & Trading Co. Scrap Metal Recycling 313-567-9710 www.fptscrap.com

6. Ferrous Processing and Trading Transportation Infrastructure FPT Transportation Capabilities • Maintains an expansive and efficient transportation network leveraging railroad lines and independent trucking • Employs two full-time railcar managers to maximize utilization of its fleet of 676 rail cars • Installed onsite compaction systems at key industrial supplier locations to maximize freight loads • Implemented high-tech IT systems to manage and monitor the weight and density of freight loads • Integrated vessel shipping operations facilitate export of scrap materials to international brokers Ferrous Processing & Trading Co. Scrap Metal Recycling 313-567-9710 www.fptscrap.com