Esmark Incorporated Settles Lawsuit With Herman Strauss, Inc.
09 Mayo 2008 - 4:07PM
PR Newswire (US)
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/.
DATASOURCE: Esmark Incorporated CONTACT: Media and Investor
Relations: Dennis Halpin of Esmark Incorporated, +1-304-234-2421
(office), +1-304-650-6474 (mobile), ; or Media: Bill Keegan of
Edelman, +1-312-927-8424 (mobile), , for Esmark Incorporated Web
site: http://www.esmark.com/ Company News On-Call:
http://www.prnewswire.com/comp/967451.html
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