January 8, 2007, Forbes.com, By Emily Lambert Four years ago Esmark didn’t exist. Now it’s out to transform the U.S. steel industry. On the face of it, Wheeling-Pittsburgh Corp.’s shareholders meeting on Nov. 17 seemed a polite affair. You’d hardly know that an audacious, hostile grab for control of the steel company was taking place behind the scenes. Outside Wheeling Park’s White Palace Ballroom in Wheeling, W.Va., Craig Bouchard, president of the little-known, closely held Esmark of Chicago, was frantically calling large investors, pulling off a long-shot coup. His competitor, a Brazilian steelmaker seven times Esmark’s size, had the support of Wheeling-Pittsburgh....