Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $0.67 USD
Change Today +0.0035 / 0.52%
Volume 4.6K
As of 8:04 PM 07/1/15 All times are local (Market data is delayed by at least 15 minutes).

general steel holdings inc (GSI) Snapshot

Open
$0.67
Previous Close
$0.67
Day High
$0.68
Day Low
$0.67
52 Week High
09/3/14 - $1.22
52 Week Low
12/24/14 - $0.56
Market Cap
42.1M
Average Volume 10 Days
26.4K
EPS TTM
$-0.84
Shares Outstanding
62.5M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for GENERAL STEEL HOLDINGS INC (GSI)

Related News

No related news articles were found.

general steel holdings inc (GSI) Related Businessweek News

No Related Businessweek News Found

general steel holdings inc (GSI) Details

General Steel Holdings, Inc., through its subsidiaries, manufactures and sells steel products in the People’s Republic of China. It offers hot-rolled carbon and silicon steel sheets under the Qiu Steel name; and reinforced bars and high-speed wires for infrastructure and construction applications under the Yu Long and Heng Da names, as well as spiral-weld pipes. The company sells its products primarily to distributors and related parties. General Steel Holdings, Inc. is headquartered in Beijing, China.

8,505 Employees
Last Reported Date: 04/10/15

general steel holdings inc (GSI) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $170.3K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $68.1K
Compensation as of Fiscal Year 2014.

general steel holdings inc (GSI) Key Developments

General Steel Holdings, Inc. announced delayed 10-Q filing

On 05/18/2015, General Steel Holdings, Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

General Steel Holdings, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

General Steel Holdings, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported sales of $270,769,000 compared to $512,005,000 a year ago. Total sales were $328,164,000 compared to $594,211,000 a year ago. Loss from operations was $55,712,000 compared to $43,663,000 a year ago. Loss before provision for income taxes and noncontrolling interest was $74,079,000 compared to $69,591,000 a year ago. Net loss attributable to the company was $45,153,000 or $0.73 per basic and diluted share compared to $43,564,000 or $0.78 per basic and diluted share a year ago. Net cash used in operating activities was $40,950,000 compared to net cash provided by operating activities of $65,523,000 a year ago. Equipment purchase and intangible assets was $31,589,000 compared to $56,861,000 a year ago. The year-over-year sales decrease was primarily due to decreases in both total sales volume and average selling price of rebar.

General Steel Receives NYSE Notification Regarding Closing Price Requirement Under NYSE's Continued Listing Standard

General Steel Holdings, Inc. announced that the New York Stock Exchange, Inc. has notified the Company that it has fallen below the NYSE's continued listing standard set forth in Section 802.01C of the Listed Company Manual (Section 802.01C) that requires a minimum average closing price of $1.00 per share of the Company's common stock over a consecutive 30-trading-day period. Under the NYSE regulations, the Company has a cure period of six months from receipt of the NYSE's notice to achieve compliance with the continued listing standard of Section 802.01C. The Company can regain compliance at any time during the six-month cure period if on the last trading day of any calendar month during the cure period, the Company has a closing share price and an average closing share price of at least $1.00 over the 30 trading-day period ending on the last trading day of that month. The Company will provide the NYSE with the required response within 10 business days of its receipt of the NYSE Notice, stating its intent to cure this deficiency. The Company may consider implementing a reverse stock split of its common stock, which the Company received shareholder approval for at its annual general meeting on December 29, 2014, in order to effect a cure of its non-compliance with the Pricing Standard within the appropriate timeframe and to avoid any future non-compliance. If the Company decides to implement such a reverse stock split, it will inform the NYSE in accordance with applicable NYSE rules.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
GSI:US $0.67 USD +0.0035

GSI Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for GSI.
View Industry Companies
 

Industry Analysis

GSI

Industry Average

Valuation GSI Industry Range
Price/Earnings -- Not Meaningful
Price/Sales -- Not Meaningful
Price/Book -- Not Meaningful
Price/Cash Flow -- Not Meaningful
TEV/Sales -- Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact GENERAL STEEL HOLDINGS INC, please visit www.gshi-steel.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.