Keith Busse Record Quotations

Revenue and net income exceeded our preliminary views principally due to a record volume of steel shipments. Our mills were able to take advantage of the continuing strong market demand for flat-rolled steel and wide-flange beams, increasing production rates and enjoying record shipping volumes.

We have made excellent progress in the structural steel business since we began shipping wide-flange beams in 2002. Recent strength in non-residential construction has led to a record order backlog at Columbia City and has resulted in current production and shipping rates of nearly one million tons per year.