Roanoke Electric Steel Corporation Declares 183rd Consecutive Quarterly Cash Dividend

Roanoke Electric Steel Corporation Declares 183rd Consecutive
Quarterly Cash Dividend 


ROANOKE, Va., July 20  /PRNewswire-FirstCall/ -- Roanoke Electric Steel
Corporation (NASDAQ:RESC) today reported that at a regular meeting of the Board
of Directors of the Corporation held July 20, 2004, the 183rd consecutive
quarterly cash dividend was declared in the amount of 10 cents per share of
common stock, payable August 25, 2004, to shareholders of record August 6,
2004.

Roanoke Electric Steel Corporation has 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.  Five subsidiaries are involved in various steel-related activities,
consisting of scrap processing and bar joist, reinforcing bar and truck trailer
beam fabrication. 

DATASOURCE: Roanoke Electric Steel Corporation



CONTACT:  T. Joe Crawford of Roanoke Electric Steel Corporation,

[phone]



Web site:  http://www.roanokesteel.com/ 

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