WHEELING, W.Va., May 9 /PRNewswire-FirstCall/ -- Esmark Incorporated
(Nasdaq: ESMK) today confirmed the settlement of litigation pending in
United States District Court for the Northern District of West Virginia
between its wholly owned subsidiary Esmark Steel Service Group and Herman
Strauss, Inc. (HSI). The litigation arose out of a commercial dispute
relating to steel scrap purchased by Wheeling-Pittsburgh Steel Corporation
from HSI. 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
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Related links:
http://www.esmark.com
http://www.prnewswire.com/comp/967451.html/
CONTACT:
Media and Investor Relations: Dennis Halpin
of Esmark Incorporated, +1-304-234-2421 (office), +1-304-650-6474
(mobile), dhalpin@esmark.com; or Media: Bill Keegan of Edelman,
+1-312-927-8424 (mobile), bill.keegan@edelman.com, for Esmark
Incorporated
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