2nd Annual Scrap Conference

Registration and Exhibits Open

Welcome Cocktail Reception

Registration, Exhibits & Continental Breakfast Open

Welcome Address

Keynote Presentation

Session I: Global Steel Market & Iron Ore Overview

Our session begins with a look to the future of the global steel and iron ore markets. With these markets experiencing unprecedented growth, consolidation and globalization became mainstays in the industry. Will domestic and foreign government trade policies promote or hinder a competitive global marketplace? Will current market conditions make it necessary for the steel industry to return to its regional roots? Our panelists discuss existing conditions and anticipate the future.

Topics for discussion include:

• Global expansion and contraction of the steel market

• Foreign and domestic trade policies and their impact on global competition

• Environmental concerns in emerging markets

• Escalating energy and transportation costs

• Iron ore pricing and availability

Coffee Break

Session II: Domestic Supply & Demand

Industrial steel scrap prices have been experiencing a particularly volatile market making forecasting difficult, if not impossible. Historical data cannot be used as an effective predictive tool of future need. Will there be sufficient supply to meet the high domestic demand? What regional markets or sectors are growing? Will the domestic construction industry face serious shortages in raw materials further stalling the weak US economy? Our panelists examine price trends and outlook through 2009.

Topics for Discussion

• Domestic growth markets

• Consolidations, Transactions

• Impact of supply and demand on pricing environment

Networking Luncheon

AMM’s Open Scrap Forum

An interactive and open discussion with the AMM's editorial team to discuss the publication's scrap coverage and pricing.

Coffee Break

Session III: Highlight Speaker – Risk mitigation in volatile markets

How futures exchanges will continue to bring value to industry and help reduce the spread of financial contagion going forward.

Topics for discussion:

• Price Certainty

• Risk Management

• Price Transparency

• Credit Mitigation

Session IV: Scrap Alternatives – Impact & Update

Our panelists will tackle the hot button issue of raw materials in the form of scrap alternatives. Are HBI, DRI and pig iron viable and reliable scrap alternatives?

Topics for discussion:

• The state of raw materials in the steel and steel scrap industry

• Cost effectiveness of scrap alternatives

• Sourcing and reliability

Cocktail Reception

Continental Breakfast and Exhibits Open

Highlight Presentation

"Mergers and Acquisitions in the Scrap Market-- Why Now and Will it Continue?"

* The Past--Local Family Business

* The Economics--The Linkage between Scrap Prices and Finished Steel Prices

* The Effect of China on the Scrap Market

* Globalization and Consolidation in the Global Steel Industry--The Impact on the Scrap Market

* What's Next for the Scrap Market?

Session V: Shifts and Trends

Since 2004, consolidations, mergers and acquisitions in the global metals industry reached unprecedented heights. The U.S. domestic credit crisis certainly will have an effect on future transactions, particularly from investors. As it becomes more difficult to finance and acquire, will changes in production be enough to remain competitive? How will manufacturers ensure a steady flow of scrap to the mill? If the domestic scrap shortage continues, will changing the melt mix compromise quality? The answers to these, and other questions, will be supplied by our industry experts.

Topics for Discussion

• From Mini to Integrated. What impact will Nucor’s and SDI’s iron making operations have on the scrap market?

• How successful will the mini-mills be as the new players in the scrap game?

• With steel scrap prices skyrocketing; have the mills changed their melt shop practices?

• Switching the melt mix. Are mills finding way to use less desirable scrap grades?

• Will more North American steel manufacturers become foreign owned?

• Financing market tips for scrap recycling companies. Should your company consider a merger or acquisition? If so, how to prepare to maximize valuation and shareholder return.

Coffee break

Session VI: Transportation

As if the manufacturing issues weren’t enough in an already challenging environment, the conference closes with a discussion of the multi-faceted dynamics of moving scrap. Not only are rising fuel costs adding surcharges to transportation, but rail cars and barges may not be available. Government legislation and self-governance rulings can impede progress adding unnecessary costs and labor on an already overtaxed system. Projections indicate that by 2020 rails may be overextended. Has carrier capacity on rails already been reached? Soon, an aging barge fleet will need to be scrapped and replaced. Manufacturers and shippers need efficient, cost-effective means of moving metals. Can an aging infrastructure support this growing need?

Topics for discussion:

? Industry regulations

? Availability of rail cars and barge; are private rail cars and fleet management the solution?

? AAR loading rule changes

? Port security, congestion and the demands placed on an aging infrastructure

? Fuel surcharges

? Best practices to be cost-effective

Luncheon, Conference Close and Golf Tournament