Robert S. Goldstein, Chairman and C.E.O., has been with Alter Trading Corporation and its affiliates since 1977 with responsibilities in numerous operating and marketing positions. Mr. Goldstein has served as President of Alter Trading Corporation since 1989. Additionally, Mr. Goldstein is an officer and director of affiliated transportation businesses involved in barge transportation along the inland waterway, trucking, stevedoring and warehousing. Mr. Goldstein also serves as a member of the board of directors of the Isle of Capri Casinos, Inc. (NASDAQ: ISLE). Additionally he serves as a member of Bettendorf Riverfront Development Corporation. Mr. Goldstein is a 1977 graduate of Tulane University with a B.S. degree in economics.

Keith A. Rhodes, Chief Financial Officer and Vice President of Finance, joined Alter in 1997. In addition to overseeing the company's financial and information systems matters, he is also responsible for the company's scrap operations in Peoria, Illinois. Mr. Rhodes is a licensed Certified Public Accountant and received his B. S. in accountancy from the University of Illinois. He began his career working at Price Waterhouse where he served a wide range of both public and private manufacturing clients for 7 years. Subsequently, he was a Vice President of Finance and Administration for a trucking, barging, terminal and warehousing company for 6 years. Prior to Alter, he was President of a building products manufacturer and home remodeler for 5 years. Mr. Rhodes also serves as a member of the Board of Directors for ACG - St. Louis.

Don H. Martin, Vice President of Ferrous Marketing since 1997, is a Certified Public Accountant with an undergraduate degree in accounting from the University of Toledo. Don was an Accountant for 5 years before joining Luria Brothers in 1979. At Luria, Don served in several accounting positions, including Assistant Controller, before assuming responsibilities in scrap facility management. Before joining Alter, Don was Area Manager for Luria with full P & L responsibility, including marketing, for three Luria scrap processing plants.

Robert Stein, Vice-President of Non-Ferrous Marketing is a thirty-year veteran of the non-ferrous metals industry, began his career with the London based metals trading firm, Brandeis, Goldschmidt & Company in their New York City, London and Tokyo offices. He subsequently was employed by Commercial Metals Company in Dallas, Texas as a copper trader, and by Louis Padnos Iron & Metal Company as Director of both their Non-Ferrous Metals and International Trading Divisions. Mr. Stein is President of the Bureau of International Recycling's Non-Ferrous Division (B. I. R., Brussels, Belgium), and its Ambassador to North America. Stein has also served as Chairman of the Copper and Brass Division of the Institute of Scrap Recycling Industries (ISRI, Washington, D. C.), and is a member of the Non-Ferrous Advisory Board of the New York Mercantile Exchange (Nymex/COMEX Division, New York City, New York). He is a frequent speaker at industry and government conferences on scrap metals both in the United States and abroad.

Steve E. Soltis, Vice President of Operations, has been involved in steel making and scrap processing his whole career, dating back to 1966. Steve has an economics degree from Michigan Technological University and a MBA from Penn State. He has served in various functions including: Mechanical Engineer, Supervisor, General Supervisor, Plant Manager, and Vice President at various employers including: Inland Steel, Ogden Corporation, Mayer Pollock Steel Company and Alter Trading Corporation.

Rex B. Wood, Vice President of Human Resources and Risk Management, has been in the human resource, safety and risk management field for over 35 years. Mr. Wood received his BS Degree in management from Northern Illinois University in DeKalb, Illinois in 1966. Previous to Alter, Rex was Vice President of Human Resources for a major textile manufacturing company.

Robert G. Ellis, Vice President and General Counsel, has been with Alter Trading Corporation and its affiliated entities since 1991. In his current capacities, Mr. Ellis is responsible for the management and oversight of all legal matters involving the company, including but not limited to all litigation, contracts, corporate filings, and regulatory compliance. He also serves as General Counsel for the company's affiliated entities including Alter Barge Line, Inc., Alter Company, River/Gulf Grain Company, and Blackhawk Fleet, Inc. Mr. Ellis received a B.A. degree with Phi Beta Kappa honors in political science and economics from Iowa State University, and a J.D. degree from the University of Iowa College of Law. He has been a licensed member of the Iowa bar since 1984. He was engaged in the private practice of law for seven years prior to joining Alter.

Robert A. Rosencrants, Vice President of Operations has been with Alter Trading Corporation since 1977. Mr. Rosencrants graduated from Truman State University in 1976 with a B.S. Degree in Business Management.