WHEELING-PITTSBURGH HEADLINESSteel Producers /
Wheeling-Pittsburgh
Esmark Settles Lawsuit with Metal Management
Apr. 1, 2008 Esmark Inc. confirmed settlement of litigation between its wholly owned subsidiaries, Esmark Steel Service Group, Inc. and Wheeling Pittsburgh-Steel Corp., and Metal Management, Inc. (MMI).
The litigation arose out of a commercial dispute relating to steel scrap purchased by Wheeling-Pittsburgh from MMI. The case has been pending in state court in New York since June 2007.
By mutual agreement, terms of the settlement were not disclosed.
Esmark Inc. 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, W.Va., the company produces 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.