Notes

Slide Show

Outline

1	Annual General Meeting The Toronto Stock Exchange April 27, 2005 MARK SAMUEL
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3	Earnings highlights
4	Earnings highlights
5	Earnings highlights
6	Earnings highlights
7	Balance sheet highlights
8	Balance sheet highlights
9	Balance sheet highlights
10	Balance sheet highlights
11	Cash flow highlights
12	Cash flow highlights
13	Cash flow highlights
14	Our business “A leading value-added processor and distributor of steel, plastic and related industrial products”.
15	Our business segments
16	Packaging segment operating profits
17	Packaging segment highlights
18	Our business segments
19	Metal Processing segment operating profits
20	Metal Processing segment highlights
21	Metal Processing segment highlights
22	Metal Processing segment highlights
23	Our business segments
24	Distribution segment operating profits
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26	Corporate priorities
27	Corporate priorities
28	Corporate priorities
29	Corporate priorities
30	Corporate priorities
31	Summary
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33
34	Nickel market balance
35	Nickel surcharge
36	304 stainless sheet pricing
37
38	Carbon plate MSCI inventory levels
39	USA – Annual plate import trend analysis
40	Carbon plate pricing - Canada
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42	US mill capacity utilization rates
43	USA finished carbon flat rolled imports
44	Carbon flat roll inventory position USA
45	Domestic vs. import HRC transaction pricing
46	Canadian carbon hot roll pricing (including surcharge)
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48	Net sales results
49	Segment sales results for the 1^st quarter
50	Overall operating profits and net earnings up
51	1^st quarter operating profit, by segment
52	Balance sheet continues to be strong
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54	Questions and answers