Metal Pricing Update

Current Metal Prices
$1.0844 midwest ingot
$3.69 comex copper
$9.7182 Nickel

Sales of new single-family houses in October 2010 were at a seasonally adjusted rate of 283,000, down 8.1% from September. They are 28.5% below their year ago level.

See us at http://almetals.com/WHAT-WE-DO.aspx.

New Excess Inventory

Hope everyone had a wonderful Thanksgiving!!

Our web site has been updated with all new excess inventory and discounted prices. See the listing at http://almetals.com/EXCESS-INVENTORY.aspx.

Call us at 1.800.968.7730 for more information or you can e-mail us through our web site.

25 Years of Stellar Success

For Immediate Release

Wixom, Michigan – November 17, 2010 – Finance Manager Jackie Sawle recently celebrated 25-years with Almetals, Inc. In her honor the officers of Almetals and Ms. Sawle’s husband and mother attended a dinner to celebrate her milestone. Ms. Sawle received jewelry and a certificate in recognition for her contribution to the organization’s success.

“Jackie is and always has been an integral part of our team,” says James M. Chain, president of Almetals, Inc. “Her infectious energy, ability to get the job done right the first time, and her willingness to think outside of the box speaks volumes to her character. I am grateful for the opportunity to work with such a dynamic individual and appreciate all of her contributions through the years.”

Sawle has been responsible for the accounting department and currently serves as the manager of finance.

Sawle graduated from South Lyon High School and has been active in her community serving as treasurer of the South Lyon Football Boosters and secretary of the South Lyon Special Stars.

Almetals, Inc. is an award-winning specialty metals slitter and distributor for industries such as stamping, roll forming, and tube producers. Our coil products include: aluminum, brass & copper, clad metals, cold rolled, fin stock and coated and stainless steels. See us at www.almetals.com.

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Gross Domestic Product

Real gross domestic product (GDP) grew at an annual rate of 2.0 percent in the third quarter of 2010, according to today’s advance estimate. This follows a 1.7 percent growth rate in the second quarter.

Brought to you by http://almetals.com/WHAT-WE-DO.aspx. Call 1.800.968.7730 or e-mail: customerservice@almetals.com.

Aluminum Ingot and Other Notable Facts

Midwest Aluminum ingot at $1.1289/lb. Building permits in September 2010 were 539,000, down 5.6% from August and down 10.9% from September 2009. Housing starts were 610,000, up 0.3% from last month and up 4.1% from one year ago.

See us at http://almetals.com/Coil_Suppliers/Aluminum_slitting/metals-aluminum.html or call us at 1.800.968.7730 or e-mail: customerservice@almetals.com.

Interesting Numbers

New orders for manufactured goods in August 2010 decreased 0.5% from July, to $408.9 billion. Shipments declined 0.6%, to $415.1 billion; unfilled orders were virtually unchanged at $804.0 billion; and inventories increased 0.1%, to $526.4 billion in August.

For your coil & slit metal needs, see us at http://almetals.com/Coil_Suppliers/metals.html or call us at 1.800.968.7730.

Metal Pricing Update

According to the London Metal Exchange these are metal prices as of 9/3/2010:

Aluminum - $.9548/lb

Nickel - $9.73/lb

Comex Copper - $3.468/lb

Please see us at http://almetals.com/Coil_Suppliers/metals.html or contact us at Almetals 1.800.968.7730.

Stainless & Aluminum Pricing Updates

Stainless pricing remains low and mill lead times are 6-8 weeks. Aluminum has jumped $.10/lb in the last two weeks and has stabilized @ the mid $1.00 range. See us at http://almetals.com/Coil_Suppliers/Aluminum_slitting/metals-aluminum.html or http://almetals.com/Coil_Suppliers/stainless_steel_slitting/metals-stainless.html or customerservice@almetals.com.

Aluminum Pricing

Aluminum ingot currently @ $.95/lb. 304 surcharge down to $.96/lb in August. See us at http://almetals.com/excess.aspx or call 1.800.968.7730.

Stainless & Aluminum Update

Stainless surcharges dropped approximately $.20/lb in July for 300 series. Aluminum prices have remained low. See us at http://almetals.com/Coil_Suppliers/metals.html.

Aluminum & Stainless Steel

Aluminum ingot currently below $1.00/lb.

We've added the following items to our stainless inventory:

304 2B Ann .035nom
304 2B Ann .059nom
304 2B Ann .075nom

Call with inquiries 1.800.968.7730 or see us at http://almetals.com/Coil_Suppliers/Aluminum_slitting/metals-aluminum.html or http://almetals.com/Coil_Suppliers/stainless_steel_slitting/metals-stainless.html.

LEAD TIME INCREASE

Due to aluminum mills increasing their lead times, Almetals has increased its coil inventory for the following items:

5052 H32 .080
3003 H14 .063
3003 H14 .032
Subject to Prior Sale.

These items can be slit to your exact requirements and be ready for shipment in 5-10 business days. Please contact Scott Warford (248.348.7843 x224) if you would like a quote based on your width/s and quantity requirements.

See us at http://almetals.com/Coil_Suppliers/Aluminum_slitting/metals-aluminum.html.

Metal Pricing Update

Aluminum ingot is up to $1.15/lb and lead times are running 12-18 weeks depending on the alloy. Stainless pricing will increase 10% in May and is expected to continue to rise as nickel prices increase. See us at http://almetals.com/Coil_Suppliers/stainless_steel_slitting/metals-stainless.html

Stainless Steel Pricing on Steady Increase

Stainless steel pricing continues to rise and is up +50% from this time last year. See us at http://almetals.com/Coil_Suppliers/stainless_steel_slitting/metals-stainless.html or call 1.800.968.7730.

Aluminum Pricing

Aluminum prices have dropped approximately $.10/lb heading into February. Mill lead times still ranging 12-16 weeks. Please see our updated excess inventory offering at http://almetals.com/excess.aspx.

Almetals, Inc. President Joins PMA Board

James Chain, president of Almetals, Inc., has been asked to serve on the Precision Metalforming Association's (PMA) Board of Directors.

PMA is the full-service trade association representing the $91-billion metalforming industry of North America. This industry creates precision metal products using stamping, fabricating, spinning, slide forming and roll forming technologies, and other value-added processes.

Almetals is a world-class specialty metals slitter and distributor for industries such as stamping, roll forming, and tube producers. Our coil products include: aluminum, brass & copper, clad metals, cold rolled, fin stock, and coated & stainless steels. See us at http://almetals.com/Coil_Suppliers/metals.html.