Alloy Steel International, Inc. announced an increase in the size of the Board of Directors of the Company from two to three directors and effective immediately appointed Mr. Richard Homsany to serve as a director of the Company until the next annual meeting of the Company's stockholders. Mr. Homsany is an experienced corporate lawyer and Certified Practising Accountant (CPA) with significant experience in the resources and energy sectors. He is Executive Chairman of ASX listed uranium exploration and development company Toro Energy Limited and Executive Vice President, Australia of TSX listed uranium exploration company Mega Uranium Ltd. and the principal of Cardinals Lawyers and Consultants, a West Perth based corporate and resources law firm. Mr. Homsany is also the Chairman of ASX listed copper exploration company Redstone Resources Limited and TSX-V listed gold and iron ore explorer Central Iron Ore Limited. He is also Chairman of the Health Insurance Fund of Australia Ltd. (HIF). Mr. Homsany was previously a partner of the global law firm DLA Piper (formerly DLA Phillips Fox).