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To: Glenn Petersen who wrote (1263)	9/18/2009 11:17:01 PM
From: Glenn Petersen	Respond to of 3862

Symmetry Holdings Inc. closed on the acquisition of Novamerican Steel during the fourth quarter of 2007 and subsequently changed its name to Barzel Industries. The company filed for Chapter 11 protection this week. Barzel Industries files for Chapter 11 protection Tue Sep 15, 2009 4:38am EDT * Files for Chapter 11 with seven affiliates * Lists assets of about $365.8 million * Lists debt of about $384.6 million Sept 15 (Reuters) - U.S. metal-processing company Barzel Industries Inc (TPUT.PK) filed for bankruptcy protection in a Delaware court along with seven affiliates, court filings showed. The Norwood, Massachusetts-based company listed assets of $365.8 million and liabilities of $384.6 million in its Chapter 11 filing. Barzel Industries said on its website it operated 16 plants that service the North American, Latin American and European markets. It shares, once listed on Nasdaq, have lost more than 94 percent of their value in the past year. They closed at $0.145 Monday on the Pink Sheets. The case is In re: Barzel Industries Inc U.S. Bankruptcy Court, District of Delaware, No. 09-13204. (Reporting by Santosh Nadgir in Bangalore; Editing by Dan Lalor) reuters.com