OneSteel Limited OneSteel Grinding Systems (OGS ... - Arrium

• Investment in US mill completedLSB Today• US housing market at bottom – 600k starts per year• LSB being accepted in the marketplace• Easier to get attention of builders and channel partners in a down market• Builders and channel partners have more time to understand our message• Excellent lead generation from marketing efforts• Overcoming weak housing market via• Faster geographic expansion to entire US and Canada• Earlier entry into light commercial markets• Carefully controlling and targeting costs to maximize returns duringstartup phase• Preparing business for future growth as market recovers• Establishing a repeatable, efficient, quality manufacturing process• Establishing nationwide distribution footprint• Investing in simple, elegant tools to make the journey to LSB easier• Investing in the right people that can adapt to the evolving environmentassociated with a startup business