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Steel Team Strategy

Steel Team Strategy. Leverage Global Market Knowledge Utilize Consolidation as a Means to Drive Savings Identify & Develop New Technologies that will Provide Lower Cost Opportunities Drive Competitive Tension to Generate Best Cost Materials Tactics include:.

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Steel Team Strategy

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  1. Steel Team Strategy • Leverage Global Market Knowledge • Utilize Consolidation as a Means to Drive Savings • Identify & Develop New Technologies that will Provide Lower Cost Opportunities • Drive Competitive Tension to Generate Best Cost Materials • Tactics include:

  2. Global Hot Rolled Steel Pricing Analysis (w/Bethlehem in the Mkt.) Source: NAPM & World Steel Dynamics

  3. EMR’s Management of the Current Steel Market (cont’d) • Re-Create the Flat Rolled See-Through Program • In this program, EMR controls the mill price and mill relationship. Distributors will in turn process the material at our contract price • Nucor and Steel Dynamics will be the key mills • Drive Cost Reduction Opportunities • $1.4 million identified • Evaluating Steel Import Options & Exclusion Opportunities

  4. Steel Team FY03 Key ProjectsCost Reduction/Misc. Projects Annualized Savings $000 Fiscal 03 Savings $000 • Hylsa Tension Leveling Cost Reduction $300 $75 • Aluminum Sheet FMKT Event $300 $100 • Hylsa Eliminate Cleaning Line Cost Reduction $273 $159 • Eliminate Re-rolling EG Material at EAC $200 $100 • Hylsa Chemistry Modification Cost Reduction $196 $98 • Material Grade Change at Western Forge $120 $60 • Hylsa Packaging Cost Reduction $60 $15 • Extend Payment Terms on additional $80mil • Total $1,449 $607

  5. Corporate Steel Team Web Site Information Accessed Through Our Steel Team Web Site: Organization Chart Steel Newsletter 2000-2002 Steel Conference Industry Links Quarterly Commodity Reviews Calendar of Events Commodity Inflation Forecasts Contract Database 5-Year Inflation Forecast Team Projects Spot Purchase Program FMKT’s Events Preferred Supplier List FMKT’s History Steel Team Newsletter WebCast of 201

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