October 07, 2008

Esmark incorporated settles lawsuit with Herman Strauss

Esmark Incorporated 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.

By mutual agreement, the terms of the settlement were not disclosed.

The litigation arose out of a commercial dispute relating to steel scrap purchased by Wheeling Pittsburgh Steel Corporation from HSI.