Esmark Incorporated Settles Lawsuit With Herman Strauss, Inc.

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/.

First Call Analyst:
FCMN Contact: halpindp@wpsc.com

Source: Esmark Incorporated

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

Web site: http://www.esmark.com/

Company News On-Call: http://www.prnewswire.com/comp/967451.html

2008-05-09 17:16:50 0358044 PRNEWSWIRE