OREANDA-NEWS. October 21, 2014. General Steel Holdings, Inc. ("General Steel" or the "Company") (NYSE: GSI), a leading non-state-owned steel producer in China, announced today that it has regained compliance with the continued listing standard of the New York Stock Exchange (the "NYSE") relating to minimum market capitalization of its common stock.

In a letter dated October 6, 2014, the NYSE notified the Company that it has remained in compliance with the NYSE's minimum market capitalization requirement over the past three quarters, and as a result, the Company is no longer on the NYSE's "Watch List".  Correspondingly, the below compliance (".BC") indicator will no longer be transmitted, and the Company will no longer be noted as being below continued listing standards on the NYSE's website.

Henry Yu, Chairman and Chief Executive Officer of General Steel commented, "I am pleased that General Steel has regained full compliance with the NYSE's listing requirements. We will keep focus on our business and continue with our aim to deliver long-term value to our shareholders."