Roanoke Electric Steel Corporation Declares 186th Consecutive Quarterly Cash Dividend

Roanoke Electric Steel Corporation Declares 186th Consecutive
Quarterly Cash Dividend 


ROANOKE, Va., April 20  /PRNewswire-FirstCall/ -- Roanoke Electric Steel
Corporation (NASDAQ:RESC) today reported that its Board of Directors, at a
regular meeting held on April 19, 2005, declared the 186th consecutive
quarterly common stock cash dividend in the amount of 11 cents per share.  The
dividend is payable on May 25, 2005, to shareholders of record as of the close
of business on May 6, 2005.

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.  Four subsidiaries are involved in various steel-related activities,
consisting of scrap processing and bar joist and truck trailer beam
fabrication.

This release contains various forward looking statements which represent the
Company's expectations or beliefs concerning future events.  In accordance with
the safe harbor provisions of the securities laws regarding such statements,
the Company notes that a variety of factors, including economic and industry
conditions, availability and prices of utilities, supplies and raw materials,
prices of steel products, foreign and domestic competition, trade policies
affecting imports and exports, governmental regulations, interest rates,
inflation, labor relations, environmental concerns and compliance issues and
other maters, could cause actual results and experience to differ materially
from those expressed in the forward-looking statements. 

DATASOURCE: Roanoke Electric Steel Corporation



CONTACT:  Mark G. Meikle or William M. Watson, Jr. of Roanoke Electric

Steel Corporation, [phone]



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

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