Steel Technologies Inc. expects results for the first fiscal quarter to reflect continued substantial increases in volume and sales through its operations.

For the three months ended December 31, 2004, the company expects sales of approximately $250 million and tons shipped to increase over 17% compared with the first quarter last year. As a result, Steel Technologies expects to report record earnings for the first quarter of approximately $1.10 per diluted share.

Steel Technologies plans to release final first quarter results on January 24, 2005.

Steel Technologies processes flat-rolled steel to specific thickness, width, temper, finish and shape requirements for a wide range of applications. The company has 20 facilities, including joint-venture operations, located throughout the United States and Mexico.