Alter is committed
to operating its recycling facilities in an environmentally responsible manner. In keeping with this commitment, Alter has developed a comprehensive
environmental program to manage risks associated with environmental aspects of recycling scrap metal. To standardize systems and programs across
our operating facilities, in 2006, Alter implemented an Environmental Management System ("EMS") based on a continuous
improvement model. Alter's EMS was certified to the internationally-recognized ISO 14001:2004 standard in early 2007, demonstrating strong commitment
to environmental responsibilities by senior executives and throughout operational facilities.
