NEW Scrap Conference

AMM Golf Tournament

6:50 am

Transportation to Gainey Ranch Golf Club via carts & sign in at the course

7:15am

Driving range open and available for use

Check in at pro shop for club rentals

8:00am

Tournament begins (Straight times off the front and back)

12:30pm

Boxed Lunch available for players

Registration and Exhibits Open

Welcome Cocktail Reception

Registration, Exhibits & Continental Breakfast Open

Welcome Address

Keynote Presentation: Keith Busse, Chairman and Chief Executive Officer, Steel Dynamics Inc.

Highlights include:

- The increasing interdependence of the American steel and ferrous scrap industries and the need to work cooperatively to protect our mutual interests in a dynamic global economy.

- Historical perspective and a look to the future.

- The recent acquisition by Steel Dynamics of OmniSource Corporation.

Session I: Scrap Market & Global Steel Overview

In this update and outlook panel, speakers will discuss how the steel scrap industry is reshaping and where it is going under trends, such as new consolidation led by mergers and acquisitions and the influx of private equity interest in the market. It will also include an outlook on the global steel and iron ore market as it heavily influences scrap supply and pricing.

Key Points include:

- Supply and demand fundamentals of the scrap and global steel market.

- Notable 2007 metals industry transactions.

- Flaws of past scrap consolidation strategies and is the industry set to repeat them?

- Private company sales preparation.

Coffee Break

Session II: Auto Scrap Supply

The demolition and auto wrecking industries represent two mainstreams of feedstock that flows to scrap yards and shredders. Panelists will provide conference attendees with an outlook on their companies and industries as well as an outlining of trends.

Key Points include:

- Trends/developments in shredding.

- The recent movement by some steel mills to improve the quality of steel by shredding their own feedstock.

- New separation technology that is on the horizon.

Luncheon

Session III: Steel Futures - What about Scrap Futures?

With the announcement that the LME will begin trading on two steel contracts in April 2008, the idea of steel futures is moving from being a highly debated risk management tool in the industry to a reality. This panel will explore the possibility of a scrap futures contract and what implications a scrap contract and steel contract could have on the marketplace.

Key Points include:

- Who would be the major players in scrap future?

- If the steel contract takes off, will it impact scrap prices?

- Who are the backers of a scrap futures contract, who are against it and the reason behind each view?

Coffee Break

Session IV: Scrap Alternatives – Impact & Update

As the economy and market look to tighten, raw material issues that impact the bottom line become increasingly more important to any company. In this session, panelists will give updates on scrap alternatives such as HBI, DRI and Pig Iron and how they impact the overall market.

Key Points include:

- How alternate supplies lend some control over the market.

- Chemical characteristics of scrap alternatives.

- Alternative comparison matrix.

Cocktail Reception

Exhibits & Continental Breakfast Open

Session V: Transportation - Cost Factor

Another taxing line item against a company’s profits is the transportation and logistic costs. Unlike any other market, in metals, the issue is two-fold as many of the vehicles and containers that are moving the metal are also made of metal. Thus, transportation industry fluctuations can create a unique scenario impacting both profit and cost centers. This session will examine the rail, barge, truck and ocean liner markets and this unique scenario.

Key Points include:

- The problems and opportunites aging fleets create for the metal industy.

- Hidden costs and cost benefits.

- Surviving high fuel costs and surcharges.

Coffee break

Session VI: Mill Buyers Perspective

Bringing the conference full circle, the final panel will explore many of the same issues from each session from the mill buyer point of view. Hear directly from the people who purchase scrap, their outlook on both mini-mills and integrated markets and their needs, wants and expectations.

Luncheon