Wheeling-Pitt Reports 1Q Loss of $59.9 Million

June 2007
Metal Center News;Jun2007, Vol. 47 Issue 7, p89
Trade Publication
The article reports on the financial performance of Wheeling-Pittsburgh Corp. during the first quarter of 2007 in the U.S. The company has recorded a decline in net earnings amounting to $59.9 million, compared to a net loss of $2.1 million in the same period in 2006. The decrease in net sales was believed to be affected by the reduction in employees and a decline in the volume of steel products with a downfall of the average selling price.


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