NEW YORK, Oct. 3 /PRNewswire/ -- The American Stock Exchange(R) (Amex(R)) today listed the common stock of General Steel Holdings, Inc. under the ticker symbol GSI. General Steel Holdings, Inc.'s core business is the manufacturing (through its subsidiary, Daqiuzhuang Metal) of high quality hot-rolled carbon and silicon steel sheets which are mainly used in the production of tractors, agricultural vehicles, shipping containers and in other specialty markets. Hot-rolled carbon and silicon steel sheets are semi-finished products and are sold primarily to distributors, service centers, or manufacturers. "We are pleased to welcome General Steel Holdings to the American Stock Exchange," said Neal Wolkoff, Chairman and CEO of Amex. "We hope General Steel will take advantage of the services we offer to our listed companies as they seek to achieve the next phase of their growth." "General Steel is very pleased to take this step and be listed on the American Stock Exchange," said YU Zuosheng, Chairman and CEO of General Steel Holdings, Inc. "This is a significant milestone for this company, our employees and our shareholders. We are committed as ever to continue our expansion and growth and to achieve the goal of becoming a world-level player soon in the steel industry." The specialist in General Steel Holdings, Inc will be AGS Specialist Partners. For further information on GSI and other Amex-listed companies, please visit http://www.amex.com/. About American Stock Exchange The American Stock Exchange(R) (Amex(R)) offers trading across a full range of equities, options and exchange traded funds (ETFs), including structured products and HOLDRS(SM). In addition to its role as a national equities market, the Amex is the pioneer of the ETF, responsible for bringing the first domestic product to market in 1993. Leading the industry in ETF listings, the Amex lists 342 ETFs to date. The Amex is also one of the largest options exchanges in the U.S., trading options on broad-based and sector indexes as well as domestic and foreign stocks. For more information, please visit http://www.amex.com/ . DATASOURCE: The American Stock Exchange CONTACT: Catherine Chantharaj of The American Stock Exchange, +1-212-306-1689 or Web site: http://www.amex.com/

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