<ARTICLE> 5 <LEGEND> THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE ARMCO INC. CONSOLIDATED BALANCE SHEETS, CONSOLIDATED STATEMENTS OF INCOME AND RELATED INTERIM FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. <RESTATED> <CIK> 0000007383 <NAME> ARMCO INC <MULTIPLIER> 1,000 <CURRENCY> U.S. DOLLAR <PERIOD-TYPE> 12-MOS 9-MOS 6-MOS 3-MOS <FISCAL-YEAR-END> DEC-31-1997 DEC-31-1997 DEC-31-1997 DEC-31-1997 <PERIOD-START> JAN-01-1997 JAN-01-1997 JAN-01-1997 JAN-01-1997 <PERIOD-END> DEC-31-1997 SEP-30-1997 JUN-30-1997 MAR-31-1997 <EXCHANGE-RATE> 1 1 1 1 <CASH> 189,900 279,900 175,200 151,900 <SECURITIES> 5,000 0 0 0 <RECEIVABLES> 147,000 225,200 191,600 183,000 <ALLOWANCES> 4,000 0 0 0 <INVENTORY> 268,000 264,600 265,000 262,700 <CURRENT-ASSETS> 637,400 776,800 637,700 603,600 <PP&E> 1,305,500 1,292,400 1,284,100 1,278,300 <DEPRECIATION> 653,000 640,500 627,400 612,600 <TOTAL-ASSETS> 1,881,300 2,034,800 1,907,700 1,886,300 <CURRENT-LIABILITIES> 386,300 470,900 371,300 371,600 <BONDS> 306,900 353,900 337,000 341,200 <PREFERRED-MANDATORY> 0 0 0 0 <PREFERRED> 185,900 185,900 185,900 185,900 <COMMON> 1,100 1,100 1,100 1,100 <OTHER-SE> (339,500) (355,800) (377,300) (394,000) <TOTAL-LIABILITY-AND-EQUITY> 1,881,300 2,034,800 1,907,700 1,886,300 <SALES> 1,829,300 1,392,900 931,600 441,300 <TOTAL-REVENUES> 1,829,300 1,392,900 931,600 441,300 <CGS> 1,623,900 1,236,500 833,600 397,500 <TOTAL-COSTS> 1,623,900 1,236,500 833,600 397,500 <OTHER-EXPENSES> 0 0 0 0 <LOSS-PROVISION> 0 0 0 0 <INTEREST-EXPENSE> 35,500 26,700 17,200 8,700 <INCOME-PRETAX> 79,400 61,100 30,900 9,600 <INCOME-TAX> 2,300 1,800 1,300 200 <INCOME-CONTINUING> 77,100 59,300 29,600 9,400 <DISCONTINUED> 2,700 1,300 1,300 0 <EXTRAORDINARY> (3,000) (3,000) 0 0 <CHANGES> 0 0 0 0 <NET-INCOME> 76,800 57,600 30,900 9,400 <EPS-PRIMARY> 0.55 0.41 0.21 0.05 <EPS-DILUTED> 0.55 0.41 0.21 0.05