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Pitt-Des Moines, Inc. Announces Purchase of General Steel

    PITTSBURGH, Jan. 31 /PRNewswire/ -- Pitt-Des Moines, Inc. (AMEX: PDM)
today announced that it has completed the acquisition of General Steel
Corporation, Vancouver, Washington, a steel service center delivering a
general line of carbon steel products in Portland, Oregon; Seattle, Washington
and surrounding market areas.  This acquisition will expand PDM's Steel
Service Center Division, headquartered in Stockton, California, into the
Pacific Northwest.
    Pitt-Des Moines, Inc. (PDM (R)) is a diversified engineering and
construction company that also processes and distributes a broad range of
carbon steel products.  PDM has three business segments:  the Engineered
Construction Division, Steel Construction and Steel Service Centers.  PDM has
sales offices and plant facilities located primarily in the United States.


SOURCE Pitt-Des Moines, Inc.




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CONTACT:
T. R. Lloyd, General Counsel and Secretary or
R. A. Byers, Vice President Finance of Pitt-Des Moines,
412-331-3000, or fax, 412-331-7403