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WHEELING-PITTSBURGH STEEL CORPORATION ANNOUNCES PRICE CHANGES

 WHEELING-PITTSBURGH STEEL CORPORATION ANNOUNCES PRICE CHANGES
 WHEELING, W.Va., Oct. 16 /PRNewswire/ -- Wheeling-Pittsburgh Steel Corporation (NYSE: WHX) announced today it will raise its base prices on hot rolled sheet, cold rolled sheet, hot dipped galvanized sheet and galvanized culvert sheet steel.
 The effective date is Jan. 3, 1993. These price revisions are as follows:
 Product Category Increase Per Ton
 Hot rolled sheet $20.00
 Cold rolled sheet $10.00
 Hot dipped galvanized sheet $20.00
 Galvanized culvert sheet $20.00
 In addition, Wheeling-Pittsburgh will implement the following changes in commercial policies and product classifications:
 -- Hot rolled sheet: The base category will become hot rolled processed sheet which can be defined as a black, mill edge, temper rolled product. The revised base price for hot rolled processed sheet will be $20.00 per 100 pounds. For those customers who can utilize a product rolled off the hot strip mill with no additional processing, a deduction of $1.25 per 100 pounds will be applicable.
 -- Cold Rolled Sheet: This product will be marketed as one category of cold rolled sheet and the Class 2 designation will be eliminated. The product will be tailored to satisfy specific end use requirements and will carry a revised base price of $26.50 per 100 pounds.
 -- Hot dipped galvanized sheet: The revised base price for hot dipped galvanized sheet will be $30.25 per 100 pounds.
 -- Galvanized culvert sheet: The revised base price for galvanized culvert sheet will be $30.25 per 100 pounds.
 Effective July 4, 1993, Wheeling-Pittsburgh Steel Corporation will accept orders for flat rolled products strictly on a nominal thickness, actual weight basis. Additional details regarding this subject will be forthcoming.
 -0- 10/16/92
 /CONTACT: R.A. Johnson of Wheeling-Pittsburgh Steel, 304-234-2440/
 (WHX) CO: Wheeling-Pittsburgh Steel Corporation ST: West Virginia IN: MNG SU:


DM-KE -- PG020 -- 1068 10/16/92 15:26 EDT
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Date:Oct 16, 1992
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