WHEELING, W.Va., March 31 /PRNewswire-FirstCall/ -- Esmark Incorporated
(Nasdaq: ESMK) today confirmed the settlement of litigation pending in
state court in New York since June 2007 between its wholly owned
subsidiaries, Esmark Steel Service Group, Inc. and Wheeling
Pittsburgh-Steel Corporation, and Metal Management, Inc. (MMI). The
litigation arose out of a commercial dispute relating to steel scrap
purchased by Wheeling-Pittsburgh from MMI. By mutual agreement, the terms
of the settlement were not disclosed.
About Esmark Incorporated
Esmark Incorporated is a vertically integrated steel producer and
distributor, combining steel production capabilities through both blast
furnace and electric arc furnace technologies with the just-in-time
delivery of value-added steel products to a broad customer base
concentrated in the Ohio Valley and Midwest regions. Currently
headquartered in Wheeling, WV, the Company is a producer of carbon
flat-rolled products for the construction, container, appliance,
converter/processor, steel service center, automotive and other markets.
The company's products include various sheet products such as hot rolled,
cold rolled, hot dipped galvanized, electro-galvanized, black plate and
electrolytic tinplate. More information about Esmark can be found at
http://www.esmark.com.
SOURCE Esmark Incorporated
back to top
Related links: http://www.esmark.com
http://www.prnewswire.com/comp/967451.html /
CONTACT: Media or Investor Relations, Dennis Halpin of Esmark Incorporated, office, +1-304-234-2421, mobile, +1-304-650-6474, dhalpin@esmark.com; or Media, Bill Keegan of Edelman, mobile, +1-312-927-8424, bill.keegan@edelman.com, for Esmark Incorporated
|