Sandmeyer Steel Company Names South American Representative

Philadelphia, PA – January 16, 2009

Sandmeyer Steel Company has announced the appointment of Carbinox Industria e Comercio Ltda. as the Company's Representative Office and Sales Support Center in Brazil. Carbinox, with a facility in Sao Paulo, Brazil, will assist Sandmeyer in penetrating the South American market for stainless steel and nickel alloy plate products.

Carbinox's Director, Paulo Moraes Correa, and Sandmeyer Steel's General Manager - Sales, John M. Curley, finalized the agreement during Curley's recent visit to Brazil.

Family owned and managed for three generations, Sandmeyer Steel Company is recognized as a leading producer of stainless steel and nickel alloy plate products used in the process industries equipment market. Carbinox was founded in 1984 to support the pulp and paper, sugar cane/alcohol, petrochemical, oil and gas, pharmaceutical, equipment manufacturing, steel plants, machining, dairy and food, shipbuilding, and other important industrial segments in Brazil. Since then, Carbinox has been pursuing international trading opportunities between Brazil and the rest of the world, providing sales and marketing services and managing a diverse in-house inventory with on-time deliveries, all import/export logistics, and after-sale support.

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