PITTSBURGH, July 26, 2013 /PRNewswire/ -- TMS
International Corp. (NYSE: TMS), the parent company of Tube City
IMS Corporation, a leading provider of outsourced industrial
services to steel mills globally, today announced that its Board of
Directors has approved the issuance of a quarterly cash dividend of
$0.10 per share payable on
September 20, 2013 to stockholders of
record as of the close of business on August
16, 2013.
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About TMS International Corp.
TMS International Corp., through its subsidiaries, including
Tube City IMS Corporation, is the largest provider of outsourced
industrial services to steel mills in North America as measured by revenue and has a
substantial and growing international presence. The company
provides mill services at 81 customer sites in 12 countries and
operates 36 brokerage offices from which it buys and sells raw
materials across five continents.
Forward Looking Statements
Certain information in this news release contains
forward-looking statements with respect to the company's financial
condition, results of operations or business or its expectations or
beliefs concerning future events. Such forward-looking statements
include the discussions of the potential new debt refinancing, the
company's business strategies, estimates of future global steel
production and other market metrics and the company's expectations
concerning future operations, margins, profitability, liquidity and
capital resources. Although the company believes that such
forward-looking statements are reasonable, it cannot assure you
that any forward-looking statements will prove to be correct.
Forward-looking statements may be preceded by, followed by or
include the words "may," "will," "believe," "expect," "anticipate,"
"intend," "plan," "estimate," "could," "might," or "continue" or
the negative or other variations thereof or comparable
terminology. Such forward-looking statements are not
guarantees of future performance and involve risks, uncertainties,
estimates and assumptions that may cause the company's actual
results, performance or achievements to be materially different.
Additional information relating to factors that may cause actual
results to differ from the company's forward-looking statements can
be found in the company's most recent Annual Report on Form 10-K
and elsewhere in the company's filings with the Securities and
Exchange Commission. You should not place undue reliance on any of
these forward- looking statements. Any forward-looking statement
speaks only as of the date on which it is made, and we undertake no
obligation to update any such statement to reflect new information,
or the occurrence of future events or changes in circumstances.
SOURCE TMS International Corp.
