Carbon Steel Ball

　　"During 2015, we identified the pursuit of higher-margin downstream business opportunities that utilize our steel products in their manufacturing processes, as one of our target growth objectives," stated Mark D. Millett, President and Chief Executive Officer. "A strategy intended to reduce volatility during both strong and weak market cycles, given steel raw material supply optionality. During weak steel demand environments these businesses could purchase steel internally from our own mills, thus increasing SDI's steel mill utilization. As a consumer of special-bar-quality products currently produced at our Engineered Bar Products Division, Vulcan depicts this model perfectly and fits well within our core operating strengths."

　　Valve Ball

　　The transaction is valued at approximately 5.0 times trailing twelve month March 31, 2016 EBITDA, excluding potential income tax-related benefits. The transaction is subject to customary conditions and receipt of regulatory approvals. Steel Dynamics expects to obtain all necessary regulatory approvals and complete the transaction by August 2016.

　　Contact us

　　ADD：No.1589 Renmin West Road Shangyu Shaoxing.

　　Phone：0086 188 5753 9999

　　Tel：0086 575 8267 9008

　　WeChat：188 5753 9999

　　Fax：0086 575 8928 7635

　　E-mail：yanke@263.net