Roanoke Electric Steel Corporation Declares 170th Consecutive Quarterly Cash Dividend

Apr 23, 2001, 01:00 ET from Roanoke Electric Steel Corporation

    ROANOKE, Va., April 23 /PRNewswire Interactive News Release/ -- Roanoke
 Electric Steel Corporation (Nasdaq:   RESC) today reported that at a regular
 meeting of the Board of Directors of the Corporation held April 17, 2001, the
 170th consecutive quarterly cash dividend was declared in the amount of 10
 cents per share of common stock, payable May 25, 2001 to shareholders of
 record May 7, 2001.
     Roanoke Electric Steel Corporation operates steel manufacturing facilities
 in Roanoke, Virginia, and Huntington, West Virginia, producing angles, rounds,
 flats, channels, beams, special sections and billets, which are sold to steel
 service centers, fabricators, original equipment manufacturers and other steel
 producers. Four subsidiaries are involved in various steel-related activities,
 consisting of scrap processing, bar joist fabrication and reinforcing bar
 fabrication.
 
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SOURCE Roanoke Electric Steel Corporation
    ROANOKE, Va., April 23 /PRNewswire Interactive News Release/ -- Roanoke
 Electric Steel Corporation (Nasdaq:   RESC) today reported that at a regular
 meeting of the Board of Directors of the Corporation held April 17, 2001, the
 170th consecutive quarterly cash dividend was declared in the amount of 10
 cents per share of common stock, payable May 25, 2001 to shareholders of
 record May 7, 2001.
     Roanoke Electric Steel Corporation operates steel manufacturing facilities
 in Roanoke, Virginia, and Huntington, West Virginia, producing angles, rounds,
 flats, channels, beams, special sections and billets, which are sold to steel
 service centers, fabricators, original equipment manufacturers and other steel
 producers. Four subsidiaries are involved in various steel-related activities,
 consisting of scrap processing, bar joist fabrication and reinforcing bar
 fabrication.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X01266466
 
 SOURCE  Roanoke Electric Steel Corporation