Ryerson Holding Corporation · NYSE:RYZ

Ryerson — Merger or Acquisition (October 2006)

17 slides from Ryerson's merger presentation, Oct 25, 2006

  1. Slide 1: Joint Press Conference

    Joint Press Conference 25 October 2006 Partnership to strengthen position in the rapidly growing Chinese steel industry Joint Press Conference Joint Press Conference 25 October 2006 25 October 2006 Partnership to strengthen position in the rapidly growing Partnership to strengthen position in the ra

  2. Slide 2: Agenda

    Agenda • An overview of the partnership • Reasons for the partnership • About VSC-Ryerson China

  3. Slide 3: About The Partnership – VSC-Ryerson China

    About The Partnership -- VSC-Ryerson China Pursuant to VSC shareholders’ approval, VSC will commence its partnership with Ryerson on the Venture — VSC-Ryerson China, which will be engaged in the processing of steel/metal products to supply to manufacturers in the PRC and export fabricated products t

  4. Slide 4: Proposed JV Structure – Current Organizational Chart

    Proposed JV Structure Current Organizational Chart VSC China Advanced Materials Processing (“CAMP”) Construction Materials Group (“CMG”) Steel Service Centers Enclosure Systems Manufacturing Plastics Distribution Construction Materials Distribution Building Products Dongguan Tianjin (95% owned) Guan

  5. Slide 5: Proposed JV Structure – JV Organizational Chart

    Proposed JV Structure JV Organizational Chart VSC China Advanced Materials Processing (“CAMP”) Construction Materials Group (“CMG”) Enclosure Systems Manufacturing Plastics Distribution Construction Materials Distribution Building Products JV Steel Service Centers Dongguan Tianjin (95% owned) Guangz

  6. Slide 6: Agenda

    Agenda • An overview of the partnership • Reasons for the partnership • About VSC-Ryerson China

  7. Slide 7: About Ryerson

    About Ryerson • Ryerson is North America’s leading distributor and processor of metals – 2005 revenue amounted to US$5.8 billion – A metals distributor founded over 160 years ago (1842); Ryerson services customers through a network of 130 service centers in the U.S., Canada, Mexico and India – With

  8. Slide 8: VSC / Ryerson Global Presence

    VSC Carbon Flat Rolled & Coated Products +600 $0.150 PRC JV Tata Steel Carbon Flat Rolled & Coated Products, Rebar, Fabrication +1200 $0.160 India JV Carbon Flat Rolled & Coated Products, Construction Products, Re-Bar Structurals, Alloy bar, Fabrication Stainless, Aluminum, Carbon Flat Rolled & Coat

  9. Slide 9: Strategic Rationale

    Strategic Rationale • VSC expanded financial resources and capital • Ryerson entry point with flexibility to expand Products Processes Acquisitions Greenfield Expansion • Experienced Management VSC management team with knowledge of PRC market and regulatory procedures Ryerson will deploy resources t

  10. Slide 10: Benefits To VSC

    Benefits To VSC • Expanded financial resources and capital • Expansion of the Company’s range of products and services • As Ryerson’s US customers and other metal consumers invest in manufacturing and sourcing in the PRC, the Venture is in a unique position to support their needs and enhance the val

  11. Slide 11: Benefits to Ryerson

    Benefits to Ryerson • Ryerson entry Point with Long Term Strategy – Entry Point to Learn Market – Accelerated Ryerson Entry into China • Partner with Western Business Mentality and open to adapting to US rules and Ryerson VALUES – Code of Conduct – Financial Reporting in English • Experienced Partne

  12. Slide 12: Agenda

    Agenda • An overview of the partnership • Reasons for the partnership • About VSC-Ryerson China

  13. Slide 13: VSC-Ryerson China

    VSC-Ryerson China Hong Kong Nansha Tianjin Dongguan Guangzhou Kunshan Shanghai • Principally engaged in three coil operation centers in Dongguan , Guangzhou and Tianjin • Coil operation center in Kunshan (currently under construction) • Owns 14% investment in the Nansha Plant • Offices in Hong Kong

  14. Slide 14: Our Goal

    Our Goal • The Venture’s goal is to achieve self-sufficiency in the following areas: • VSC agrees to use the Venture as its exclusive platform for all business activities and services related to its steel service center operations • Ryerson agrees to use the Venture as its exclusive platform for gro

  15. Slide 15: Joint Press Conference

    Joint Press Conference Joint Press Conference 25 October 2006 25 October 2006 Partnership to strengthen position in the rapidly growing Partnership to strengthen position in the rapidly growing Chinese steel industry Chinese steel industry

  16. Slide 16: Ryerson Strategy

    VSC Ryerson Strategy ONE ENTRY POINT Additional Greenfield Expansion 1 , 2 Stage Acquisitions Fabrication REGIONAL SCALE IN A RELEVANT MARKET Flexibility st nd

  17. Slide 17: Leading North American companies already have operations in China

    THE MAJORITY OF LEADING NORTH AMERICAN COMPANIES IN OUR FOCUS SECTORS ALREADY HAVE SOME OPERATIONS IN CHINA Automotive Home appliance GM Ford Delphi Johnson Controls Visteon Lear Magna International Inc Whirlpool Carrier Maytag Kenmore Carrier A.O. Smith GE Machinery Construction/Agricultural equipm

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