General Steel Holdings, Inc. to Present at Maxim Group Growth Conference in New York October 7, 2008 at 2:30 p.m. ET

BEIJING, Oct. 1 /Xinhua-PRNewswire-FirstCall/ -- General Steel Holdings, Inc. ("General Steel") ("Company") (NYSE: GSI), one of China's leading non-state owned steel products producers today announced that the Company will present at the Maxim Group Growth Conference at the Grand Hyatt Hotel in New York City on Tuesday, October 7, 2008. Ross Warner, Director of IR, is scheduled to present at 2:30 p.m. Eastern Time (ET), with a breakout session immediately following. The presentation will be webcast live and accessible online at the Company's home page, www.gshi-steel.com , in the Investors Section.

For more information about the Maxim Group Growth Conference, please visit www.maximgrp.com .

About General Steel Holdings, Inc.

General Steel Holdings, Inc., headquartered in Beijing, operates a diverse portfolio of Chinese steel companies. With 4.8 million tons aggregate production capacity, its companies serve various industries and produce a variety of steel products including rebar, hot-rolled carbon and silicon sheet, spiral-weld pipe and high-speed wire. The Company has steel operations in Shaanxi province, Inner Mongolia Autonomous Region, Guangdong Province and Tianjin municipality.

Information Regarding Forward-Looking Statements

This press release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations or beliefs about future events and financial, political and social trends and assumptions it has made based on information currently available to it. The Company cannot assure that any expectations, forecasts or assumptions made by management in preparing these forward-looking statements will prove accurate, or that any projections will be realized. Such forward-looking statements may be affected by inaccurate assumptions or by known or unknown risks or uncertainties. Actual results may vary materially from those expressed or implied by the statements herein. For factors that could cause actual results to vary, perhaps materially, from these forward-looking statements, please refer to the Company's Form 10-K, filed with the Securities and Exchange Commission, and other subsequent filings. Forward-looking statements contained herein speak only as of the date of this release. The Company does not undertake any obligation to update or revise publicly any forward-looking statements, whether to reflect new information, future events or otherwise. For more information, please contact:

    For more information, please contact:

     Jing Ouyang, General Steel Holdings, Inc.
     Tel: +86-10-5879-7346 (Beijing)
     Email: jing@gshi-steel.com

     Ted Haberfield, HC International, Inc.
     Tel +1-760-755-2716 (USA)
     Email: thaberfield@hcinternational.net
     web: hcinternational.net

SOURCE General Steel Holdings, Inc.