Steel Technologies expects to report record volume, sales, and earnings for the fourth quarter ending September 30, 2004.

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

For the three months ending September 30, 2004, the company expects sales to increase to approximately $232 million and tons shipped to increase over 25% compared with the fourth quarter last year. The company expects to report earnings per diluted share of approximately $1.10 and $2.97 for the fourth quarter and fiscal year ended September 30, 2004, respectively.

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Steel Technologies processes flat-rolled steel to specific thickness, width, temper, finish and shape requirements for automotive, appliance, lawn and garden, office furniture, agriculture, railcar, construction, hardware, and consumer goods. The company has 21 facilities, including joint-venture operations, located throughout the United States and Mexico.