Announcement

Sunday, July 12, 2009

Ryerson completes sale of JV interest in TATA Ryerson

Ryerson Inc announced that it has completed the sale of its 50% equity interest in TATA Ryerson Ltd to TATA Steel Ltd.

Founded in 1997 as a 50:50 JV between TATA Steel and Ryerson, TATA Ryerson has grown to become one of India's leading steel service centers.

Ryerson Inc is a leading distributor and processor of metals in North America and China. The Company services customers through a network of service centers across the United States, Canada and China.

(Sourced from http://www.steelguru.com/news/index/2009/07/13/MTAxODc4/Ryerson_completes_sale_of_JV_interest_in_TATA_Ryerson.html)

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