General Steel Holdings (GSI) Reports Q4 EPS of $0.16

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General Steel Reports Fourth Quarter and Full-Year 2014 Financial Results

March 31, 2015 7:02 AM EDT

BEIJING, March 31, 2015 /PRNewswire/ -- General Steel Holdings, Inc. ("General Steel" or the "Company") (NYSE: GSI), a leading non-state-controlled steel producer in China, today announced its financial results for the fourth quarter and full-year ended December 31, 2014.

Henry Yu, Chairman and Chief Executive Officer of General Steel commented, "During the fourth quarter of 2014, particularly in December, China's steel mills accelerated production after the required shut-down during the APEC summit, which caused rapid deterioration in the average selling prices of steel products. We... More