Cold rolled steel processor of plain and ribbed steel bars for sale in Dubai, UAE. Production capacity of approximately 12,000 tons a year (15,000 in 2010). The Company serves a niche segment that is underserved by major companies. The Company is seeking a majority sale in a recapitalization transaction to a strategic investor who can secure better terms in a bank working capital facility.

- Free zone company with excellent infrastructure, low rent, and tariff exemptions and expansion capacity.

- Strong management team with 30 years experience will retain interest in the Company.

- Profitable niche market business plan offers natural growth path to mesh production and other value-added steel businesses.

- Market environment is improving with return to capacity production in second half of 2009.

- 30%+ potential ROE in 2010 based on capacity expansion and current prices (2009 shown)