YL Yalian Steel Corporation

TSX-V:YL VANCOUVER, Oct. 13, 2011 /CNW/ - Yalian Steel Corporation ("Yalian" or the "Company") announces that Messrs. Paul Davis and Paul Kelly have resigned as directors of the Company. The Honourable Jacob (Jack) Austin, P.C., Q.C., Chairman of Yalian's Compensation and Governance Committee stated that, "On behalf of the board and management of Yalian, I wish to thank Messrs. Davis and Kelly for their contributions to the Company." About Yalian Steel Corporation Yalian Steel Corporation is a British Columbia corporation focused on the production of high quality Longitudinally Submerged Arc Welded (LSAW) steel pipe to service Asia's rapidly growing energy transportation infrastructure market. The Company has recently completed construction of its initial manufacturing facility in city of Yangzhou, in the Jiangsu province of China. The Company's production line has a rated capacity of up to 200,000 metric tons per year, depending on product and mix specifications. The Yangzhou Yalian plant utilizes the JCOE (Jing, C-ing, O-ing, Expanding) process, an advanced method of LSAW pipe production that involves the bending and shaping of X-70 and higher grade steel. For further company information please access our website: www.yaliansteel.com Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release. This press release contains forward-looking statements based on current expectations. These forward-looking statements entail various risks and uncertainties that could cause actual results to differ materially from those reflected in these forward-looking statements. Risks and uncertainties about Yalian's business are more fully discussed in the Company's disclosure materials filed with the securities regulatory authorities in Canada. All amounts are stated in Canadian dollars unless noted otherwise. Yalian Steel Corporation CONTACT: YALIAN STEEL CORPORATIONLan Shangguan, Chief Financial OfficerTel. No.: (604) 696-6388

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