General Steel States Its Policy Not to Comment on Unusual Market Activity
BEIJING, Sept. 10, 2012 /PRNewswire/ -- General Steel Holdings, Inc. ("General Steel" or "the Company") (NYSE: GSI), one of China's leading non-state-owned producers of steel products and aggregators of domestic steel companies, today announced that in view of the unusual market activity in the Company's stock, the New York Stock Exchange ("the NYSE") has contacted the Company in accordance with its usual practice. The Company informed the NYSE that its policy is not to comment on unusual market activity.
About General Steel Holdings, Inc.
General Steel Holdings, Inc., (NYSE: GSI), headquartered in Beijing, China, operates a diverse portfolio of Chinese steel companies. With 7 million metric tons of crude steel production capacity under management, its companies serve various industries and produce a variety of steel products including rebar, high-speed wire and spiral-weld pipe. General Steel Holdings, Inc. has steel operations in Shaanxi and Guangdong provinces, Inner Mongolia Autonomous Region and Tianjin municipality. For more information, please visit www.gshi-steel.com.
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SOURCE General Steel Holdings, Inc.