Sandmeyer Steel Manufactures Stainless Steel and Nickel Alloy Plate Products

SANDMEYER STEEL COMPANY APPOINTS NEW SALES AGENT FOR COLORADO, UTAH, WYOMING, ARIZONA AND NEW MEXICO

Philadelphia, PA - August 31, 2000 --

Sandmeyer Steel Company has announced the appointment of William R. McCarren and Associates LLC as Sales Agent for the Rocky Mountain territory.

Bill brings to Sandmeyer Steel Company over 28 years sales experience in the specialty metals industry including stainless steel along with standard and exotic alloys.

Sandmeyer Steel Company, founded in 1952 by the late Paul C. Sandmeyer, is recognized as the Country's Leading Independent Producer of Stainless Steel Plate and Nickel Alloy Plate Products, which are used in process equipment in the chemical and petrochemical, wastewater treatment, textile, pharmaceutical, pulp and paper, energy, food and beverage, and high vacuum industries. The Company employs over 165 people and services customers throughout the United States, Mexico, and Canada.