We had originally aimed to complete the latest inventory adjustments for common-grade steel by the end of March, but we now think we need to extend de-stocking efforts in the first quarter (to June).

I'm armed with more than complete steel, - The justice of my quarrel

We'll continue to have a major presence and impact here. These latest asset decisions are aimed at strengthening our ability to continue to succeed in the global market, which is critical to our future as a major employer here in Puget Sound.

I'm armed with more than complete steel, - The justice of my quarrel.

So we are working on (March 4) as a target to be able to complete this entire process and announce the results on March 4.

Inventory levels for steel products are now getting high and suppliers are facing falling prices. The indexes have risen much faster than I anticipated and I still think the pace is too fast given the prospects for corporate earnings.