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OREGON STEEL MILLS INC. ANNOUNCES QUARTERLY DIVIDEND

 PORTLAND, Ore., Jan. 28 /PRNewswire/ -- Oregon Steel Mills Inc. (NYSE: OS) at its board of directors' meeting today, declared a quarterly cash dividend of 14 cents per share to be paid Feb. 26 to shareholders of record Feb. 12.
 Oregon Steel owns and operates a steel plate minimill in Portland and a steel plate rolling mill in Fontana, Calif., which produce hot- rolled carbon, high-strength low alloy, heat treated and alloy steel plate; as well as a steel pipe mill in Napa, Calif., which produces large diameter oil and natural gas transmission line pipe. Oregon Steel also owns a 60-percent interest in Camrose Pipe Co., a Canadian partnership, which produces ERW and large diameter pipe.
 -0- 1/28/93
 /CONTACT: Vicki Tagliafico of Oregon Steel Mills, 503-240-5226/
 (OS)


CO: Oregon Steel Mills Inc. ST: Oregon IN: MNG SU: DIV

LM -- SE013 -- 0554 01/28/93 20:11 EST
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Publication:PR Newswire
Date:Jan 28, 1993
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