RESC Roanoke Electric Steel (MM)

Roanoke Electric Steel Corporation Declares 183rd Consecutive Quarterly Cash Dividend ROANOKE, Va., July 20 /PRNewswire-FirstCall/ -- Roanoke Electric Steel Corporation (NASDAQ:RESC) today reported that at a regular meeting of the Board of Directors of the Corporation held July 20, 2004, the 183rd consecutive quarterly cash dividend was declared in the amount of 10 cents per share of common stock, payable August 25, 2004, to shareholders of record August 6, 2004. Roanoke Electric Steel Corporation has steel manufacturing facilities in Roanoke, Virginia and Huntington, West Virginia, producing angles, rounds, flats, channels, beams, special sections and billets, which are sold to steel service centers, fabricators, original equipment manufacturers and other steel producers. Five subsidiaries are involved in various steel-related activities, consisting of scrap processing and bar joist, reinforcing bar and truck trailer beam fabrication. DATASOURCE: Roanoke Electric Steel Corporation CONTACT: T. Joe Crawford of Roanoke Electric Steel Corporation, +1-540-342-1831 Web site: http://www.roanokesteel.com/

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