Blanket Accident Insurance



 EXHIBIT 10.9 
  
 [GRAPHIC] 
  

			
	  
 Blanket Accident
Insurance


  

			
	 Declarations

	 	  	 Chubb Group of Insurance Companies
 15 Mountain View Road
 Warren, NJ 07059

	 Policyholder’s Name and Mailing Address
	  	 
	 	  	 Policy Number     6404-48-82

	 RYERSON TULL, INC.
 2621 WEST 15TH PLACE
 CHICAGO, IL 60608
	  	 Effective Date     JANUARY 1, 2004

	 ProducerNo    0030794
	  	 Issued by the stock insurance company indicated below.
 FEDERAL INSURANCE COMPANY
 Incorporated under the laws of INDIANA

	 	  	 
	 Producer      AON CONSULTING, INC
 200 E RANDOLPH ST 13TH F
 CHICAGO, IL 60601-0000
	  	 

  
 Section I - Policy Period

  
 From: JANUARY 1,
2004             To: JANUARY 1, 2005 
  
 12:01 A.M. standard time at the Policyholder’s mailing address shown above. 
  
 Section II - Persons Insured 
  
 The following are the Persons Insured under this policy: 
  

			
	Class

	  	 Description


		
	1	  	ALL NON-EMPLOYEE DIRECTORS AND OFFICERS (ON FILE WITH THE HOLDER) OF THE POLICYHOLDER.

  
 If an Insured
Person is included in more than one Class, the Insured Person will be covered for only the Benefit Amount applicable to one Class. The Insured Person will be considered a member of the applicable Class
that provides the Insured Person the largest Benefit Amount for the particular Accident and Loss that has occurred. 
  
 An Insured Person is added for coverage as a Class member at any time during the policy period that the Insured Person fits the
Class description. An Insured Person will be deleted from a Class and coverage ends at any time the Insured Person no longer fits the Class description. All premium adjustments will be made according to the terms
of this policy. 
  
 Section III - Hazards 
  
 The following are the Hazards during which coverage applies:

  

			
	 Hazards

	  	 Form Number


	BUSINESS TRAVEL	  	 44-02-0897 (01/95)


  


			
	 	  	continued
	Form 44-02-0893(Ed.
1-95)                        Declarations	  	Page 01









 (continued) 
  
 Section IV - Benefits 
  
 BENEFIT AMOUNTS 
  
 Accidental Loss of Life and Scheduled Benefits 
  
 The following are Loss of Life Benefit Amounts for each Class and corresponding Hazards: 
  

				
	 Class

	  	Benefit Amounts


	 	  	 	BUSINESS TRAVEL
	 1
	  	$	500,000

  
  ̈ Multiple of salary applies, refer to the Supplemental Benefit Amounts Declarations. 
  
 The following are Losses covered and the corresponding Scheduled Benefit Amounts. 
  

			
	 Accidental Loss of

	  	Percent of Loss of Life
Benefit Amount


	 Life
	  	100%
	 Speech and Hearing
	  	100%
	 Speech and one of: Hand, Foot or Sight of One Eye
	  	100%
	 Hearing and one of: Hand, Foot or Sight of One Eye
	  	100%
	 Both Hands, Both Feet or Sight of Both Eyes or a Combination of a Hand, a Foot or Sight of One Eye
	  	100%
	 One Hand or One Foot or Sight of One Eye
	  	50%
	 Speech or Hearing
	  	50%
	 Thumb and Index Finger of the same Hand
	  	25%

  
 PERMANENT TOTAL
DISABILITY MONTHLY BENEFIT 
  
 The following are
Permanent Total Disability Benefit Amounts for each Class. The same Hazards apply as stated above for Accidental Loss of Life. 
  

						
	 Class

	  	Benefit Amount

	  	Elimination Period


	 1
	  	$	500,000	  	12 MONTHS

  
 If an Insured Person has
multiple Losses as the result of one Accident, we will pay only the single largest Benefit Amount applicable to the Losses suffered. 
  

SEAT BELT 
  
 10 percent of the Accidental Loss of Life Benefit Amount. 
  


			
	 	  	continued
	Form 44-02-0893(Ed.
1-95)                        Declarations	  	Page 02









 [GRAPHIC] 
  
 Blanket Accident Insurance 
  
 Declarations 
  
 Effective Date JANUARY 01, 2004 
  
 Policy Number 6404-48-82 
  
 (continued) 
  
 Section V - Maximum Limit Of Insurance 
  
 The following are the maximum amounts we will pay: 
  
 Limit of Insurance 
  
 $5,000,000                     per         ACCIDENT 
  
 If more than one (1) Insured Person suffers a Loss in the same
Accident, we will not pay more than the maximum Limit of Insurance shown above. If an Accident results in Benefit Amounts becoming payable, which when totalled, exceed the applicable Limit of Insurance shown above, the maximum
Limit of Insurance will be divided proportionally among the Insured Persons, based on each applicable Benefit Amount. 
  
 Coverage only applies for the Classes, Hazards, Benefit Amounts and Losses that are specifically indicated as covered. 
  


			
	 	  	last page
	Form 44-02-0893(Ed.
1-95)                        Declarations	  	Page 03









 [GRAPHIC] 
  
 Blanket Accident Insurance 
  

			
	Insuring Agreement	  	 
	 	  	 Chubb Group of Insurance Companies
 15 Mountain View Road
 Warren, NJ 07059

	 Policyholder’s Name and Mailing Address
	  	 
	 	  	 Policy Number     6404-48-82

	 RYERSON TULL, INC.
 2621 WEST 15TH PLACE
 CHICAGO, IL 60608
	  	 Effective Date     JANUARY 1, 2004

	 	  	 Issued by the stock insurance company
        indicated below, herein called the company.

		
	 	  	 FEDERAL INSURANCE COMPANY

		
	 ProducerNo.    0030794
	  	 Incorporated under the laws of INDIANA

		
	 Producer      AON CONSULTING, INC
 200 E RANDOLPH ST 13TH F
 CHICAGO, IL 60601-0000
	  	 

  
 Company and Policy Period

  
 Insurance is issued by the Company in
consideration of payment of the required premium. 
  
 This policy
begins and ends at 12:01 AM Standard Time at the Policyholder’s address on the dates shown below: 
  
 From: JANUARY 1, 2004                  To: JANUARY 1, 2005 
  
 The Policyholder’s acceptance of this policy terminates, any
prior policy of the same number issued to the Policyholder by the Company, effective with the inception of this policy. 
  
 This Insuring Agreement, together with the Premium Summary, Schedule Of Forms, Declarations, Contract, Hazards, Common Policy Conditions and Endorsements
comprise this policy. If this policy is a renewal, we have only reissued to you those policy documents containing changes from your previous policy period coverages and any new additional coverages or policy provisions. All other policy documents
continue in effect. 
  
 The Company issuing this policy
has caused this policy to be signed by its authorized officers, but this policy shall not be valid unless also signed by a duly authorized representative of the Company. 
  
 FEDERAL INSURANCE COMPANY (incorporated under the laws of Indiana) 
  

									
					
	 	 	Illegible	 	 	 	 	 	Illegible
	 	 	
	 	 	 	 	 	

	 	 	President	 	 	 	 	 	Secretary

  

					
		
	 Authorized Representative
	 	Illegible
	


  


			
	 	  	 
	Form 44-02-0893(Ed. 1-95)                        Insuring
Agreement	  	Page 1 of 1